Babel Finance, a cryptocurrency firm that is bending under the weight of significant debt, is looking to hire U.S. restructuring specialist firm Houlihan Lokey, CoinDesk reported Friday (July 1), citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy...
MEXC Global has begun letting customers directly buy cryptocurrencies with Mastercard and Visa, according to updates posted on the exchange’s website in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Crypto exchange FTX US co-founder Sam Bankman-Fried said he would consider making acquisitions among beaten-up crypto mining companies, Bloomberg reported Friday (July 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Central African Republic was the first country in Africa and the second in the world to make bitcoin an official currency, and its president has said crypto can help bolster financial inclusion, Reuters reported Sunday (June 3). Get the Full Story Complete the form...
The BitPay Card can be used anywhere Mastercard can be used, including with DoorDash and Uber Eats, according to a post on BitPay’s blog. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
At the 11th hour, on Thursday June 30, the last day of the French presidency of the Council of the EU, members of the European Commission, the EU Parliament and the Member States reached an agreement on landmark legislation to regulate crypto assets and service...
The founder of OneCoin, Ruja Ignatova, is now on the FBI’s Ten Most Wanted list after she allegedly defrauded over $4 billion from investors, CoinDesk reported Thursday (June 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The federal Commodity Futures Trading Commission on Thursday (June 30) filed a civil enforcement action in the U.S. District Court alleging Cornelius Johannes Steynberg of Stellenbosch, Western Cape, Republic of South Africa, and his company, Mirror Trading International Proprietary Limited (MTI), with perpetrating a $1.7...
The number of active cryptocurrency users at Bank of America has been cut in half due to the prolonged rout in the market, Bloomberg wrote Thursday (June 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
