Cryptocurrency

Cryptocurrency
EU Commissioner Urges Parliament to Adopt Crypto Rules to Protect Consumers 
June 15, 2022

Mairead McGuinness, EU’s Commissioner for financial services, told members of the European Parliament (MEP) on Tuesday 14 that given the recent developments in the crypto space, passing the Markets in Crypto Assets (MiCA) regulation is urgent as these rules will be “the right tool to...

Cryptocurrency
Financial Watchdog FINRA is Hiring to Expand Crypto Resources, Monitoring
June 14, 2022

One of the agencies tasked with monitoring the behavior of stockbrokers and other Wall Street professionals is trying to capitalize on the sudden unemployment of thousands of cryptocurrency workers, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Today in Crypto: NFT-Focused Startup Raises $10.3M; Crypto Watchdog Formed
June 14, 2022

ScienceMagic.Studios on Tuesday (June 14) announced it has raised $10.3 million from pre-seed investors. The group, according to the company, includes Liberty City Ventures, Digital Currency Group, Coinbase Ventures, Noam Gottesman and Alan Howard. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Ripple Lawyer Critical of SEC Push to Regulate Crypto
June 14, 2022

The general counsel for Ripple, which provides cryptocurrency and other blockchain-related services for businesses, said in an article published Monday (June 13) that the Securities and Exchange Commission is trying to destroy the crypto industry. Get the Full Story Complete the form to unlock this...

Cryptocurrency
NFT Weekly: Amex, Abra Team Up; Mastercard Targets NFT Sales; Seth Green Buys Back Bored...
June 14, 2022

The digital asset financial services company Abra announced on June 10 that it is launching the first crypto rewards credit card on the American Express network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Digital Asset Firms Put Deals on Ice as Crypto Market Freefalls
June 14, 2022

Digital asset firms are putting deals on ice as the cryptocurrency market continues freefalling amid a stock market retreat that pushed Wall Street into a Bear market, the Wall Street Journal reported on Tuesday (June 14). Get the Full Story Complete the form to unlock...

Cryptocurrency
BitPay Hires Lawyer Allison Raley as Compliance Chief
June 14, 2022

Cryptocurrency payment firm BitPay hired Allison Raley to the position of general counsel and compliance chief, replacing Eden Doniger, who left BitPay in April. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
SEC’s Gensler Says Most Crypto ‘Likely to Fail’
June 14, 2022

Federal Securities and Exchange Commission Chairman Gary Gensler on Tuesday (June 14) repeated his warnings that the crypto world is full of high-risk investments and that crypto tokens fit the category of assets that must be sold by registered entities. Get the Full Story Complete...

Cryptocurrency
Collapse May Slow Crypto’s Payments Mainstreaming — But Won’t End it
June 14, 2022

How the fast-growing number of new crypto buyers who aren’t seriously invested, emotionally and financially, will react to the market’s collapse and respond is still a big unknown, particularly as everyone who bought crypto over the last 20 months or so is underwater. Get the...