The decision of whether to pay ransomware hackers to release encrypted information got tougher in March when President Joe Biden signed into law that “strongly advises” companies to report ransomware attacks to the Department of Homeland Security. Get the Full Story Complete the form to...
In late May, venture capital (VC) giant Andresseen Horowitz raised $4.5 billion for a new fund to invest in crypto startups, almost a third more than in all of its three previous rounds. Binance Labs, the investment arm of the top global cryptocurrency exchange Binance,...
Coinbase will invest in Southeast Asian crypto exchange Zipmex rather than fully buying it, The Block Crypto reported Thursday (June 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The U.S. Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor protection regulations, a report from Bloomberg said Thursday (June 9). Get the Full Story Complete the form to unlock this article and...
A shakeout is coming to the roughly 19,000 cryptocurrencies battling for a piece of the blockchain pie, according to industry insiders like Ripple CEO Brad Garlinghouse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Mastercard and Mercado Libre announced Wednesday (June 8) that they are working together to make Mercado Libre’s crypto program in Brazil more secure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
No one will be shocked to hear that Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam was unstinting in his praise of a Senate bill that would give his agency a great deal of control over cryptocurrencies. Get the Full Story Complete the form to...
New York was the first state to put a regulatory framework in place for cryptocurrencies with its Bitlicense, and now it is doing the same for stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Crypto exchanges have been talking about the need for regulatory clarity for years, saying the uncertainty about basics like whether cryptocurrencies are or aren’t securities holds back the industry and puts them in danger of crossing lines they can’t see. Get the Full Story Complete...