(source: en.wikipedia.org)
Voyager Digital marketed its deposit accounts for crypto purchases as safe, but customers might not be afforded the protection they thought because their assets weren’t insured by the Federal Deposit Insurance Corporation (FDIC) in the way they thought, The Wall Street Journal reported Thursday (July...
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Welcome to the first in PYMNTS’ series on the fundamentals of the crypto industry. In it, we’ll be looking at how the market works and doesn’t work, the various firms and players that make it go, and the rules of the road that — ideally...
Sam Bankman-Fried became one of the richest names in crypto by building a better mousetrap: a stable and customer-focused exchange that grew primarily by word of mouth. Just how rich is a matter of some dispute. Get the Full Story Complete the form to unlock...
If you ask executives and investors in the blockchain and cryptocurrency industries to describe the current state of regulation, you’d hear things like “desperately needed” and “way overdue.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K. Treasury is planning legislation to establish a regulatory system for stablecoins, to come as early as August, Coindesk reported Wednesday (July 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Binance has resumed crypto deposits and withdrawals in Brazilian reals using Pix, the government payment system, as of this week, Coindesk wrote Wednesday (July 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The European Parliament and European Commission wrapped up negotiations on the EU’s landmark Markets in Crypto Assets (MiCA) regulation bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The implosion of crypto lender Voyager Digital — which filed for bankruptcy protection on Wednesday (July 6) — begs the question as to when, or even whether, cryptocurrency truly will have a place within commerce. Get the Full Story Complete the form to unlock this...