Cryptocurrency

Cryptocurrency
Crypto Capabilities Bring Engagement, Revenue and New Users to Neobanks
June 29, 2022

By the end of the year, more than half of the 10 largest neobanks will be offering clients cryptocurrency products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Today in Crypto: Coinbase Commerce Launches Instant, Free Payments to Merchants; Compass Mining Names Interim...
June 28, 2022

Anchorage Digital, an institutional crypto custody firm, will be introducing ether staking for institutions, the company announced Tuesday (June 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Crypto Is Being Assessed Incorrectly, Says Ex-OCC Head Brian Brooks
June 28, 2022

Former U.S. Acting Comptroller of the Currency Brian Brooks said recently that evaluating cryptocurrencies based on their capacity to serve as surrogates for the U.S. dollar is the wrong way to look at them, CNBC reported Tuesday (June 28). Get the Full Story Complete the...

Cryptocurrency
NY Community Bancorp to Be Custodian of Circle’s USDC Reserves
June 28, 2022

Circle Internet Financial, which issues the stablecoin USD Coin, or USDC, Tuesday (June 28) announced a custody agreement under which New York Community Bancorp will serve as a custodian for USDC reserves. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Can DeFi Survive If Sky-High Returns Are a Thing of the Past?
June 28, 2022

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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Gensler Pushes Status of No. 2 Crypto Into Regulatory Limbo
June 28, 2022

Gary Gensler’s comments in an interview Monday (June 27) left little doubt that the power play for regulatory authority over the crypto industry against the Commodity Futures Trading Commission (CFTC) is far from settled. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Hedge Fund Attacks Threaten Top Stablecoin — and Whole Crypto Market
June 28, 2022

In the past few months, a growing number of hedge funds from outside the cryptocurrency industry have been shorting Tether’s UDST, the largest stablecoin, to the tune of hundreds of millions of dollars. The result could be chaos in the cryptocurrency industry, potentially sending bitcoin...

Cryptocurrency
EU Lawmakers to Discuss Fate of NFT, Private Wallets in Crypto Regulation 
June 28, 2022

This week, members of the EU Parliament and the European Commission and representatives of the member states will continue the negotiations regarding the scope of the Markets in Crypto Assets regulation (MiCA), according to CoinDesk.  Get the Full Story Complete the form to unlock this...

Cryptocurrency
LA Restaurant Themed on Bored Ape NFT No Longer Accepts Crypto
June 27, 2022

Bored & Hungry, a crypto-themed restaurant based in Los Angeles, won’t be accepting crypto as a form of payment anymore, a report from Investing.com said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...