As a competitor with, and even as a threat to, traditional financial institutions (FIs), cryptocurrency has a long way to go, the head of J.P. Morgan’s blockchain division said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Putting up $1 billion for rescues and acquisitions of cryptocurrency firms as the sector started further collapsing following plummeting bitcoin and other prices, FTX boss Sam Bankman-Fried expects some of the investments will bring about profits, while others likely will be disappointing. Get the Full...
Japan’s Financial Services Agency is calling for less stringent corporate tax rules for cryptocurrency assets and individual stock investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
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Tether is firing back against a Wall Street Journal report saying it had inadequate reserves for its stablecoin, a blog post said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The head of the House Subcommittee on Economic and Consumer Policy has written to numerous federal agencies and cryptocurrency exchanges seeking answers on the steps they’re taking to deal with crypto fraud. Get the Full Story Complete the form to unlock this article and enjoy...
Cyberthieves are increasingly targeting decentralized finance (DeFi) platforms, the FBI said, urging investors to conduct thorough research and platforms to amplify monitoring and code testing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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Today in cryptocurrency, Meta is now enabling people to post non-fungible tokens (NFTs) they own on Facebook and Instagram. Also, the Central African Republic’s top court has ruled that using government-backed cryptocurrency to purchase land, citizenship and “e-residency” goes against the country’s constitution, and the...