Cryptocurrency

Cryptocurrency
Regulatory Rumblings Force Companies to Rethink their Ransomware Policies
June 10, 2022

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...

Cryptocurrency
With FinTech Funding Tanking, Crypto Remains VC Firms’ Darling
June 10, 2022

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,...

Cryptocurrency
Today in Crypto: S. Korea Probes Embezzlement Allegations at Terraform Labs; Blockchain.com CEO Warns of...
June 09, 2022

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...

Cryptocurrency
SEC Investigates TerraUSD Marketing
June 09, 2022

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...

Cryptocurrency
Industry Watchers Predict Crypto Battle for Survival Ahead
June 09, 2022

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...

Cryptocurrency
Today in Crypto: Mastercard, Mercado Libre Team on Crypto Security in Brazil; Coinbase CFO Points...
June 08, 2022

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...

Cryptocurrency
Crypto Regulation Weekly: Behnam Crows as Bill Favors CFTC; Japan, NY Enact Stablecoin Regulations; Crypto...
June 08, 2022

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...

Cryptocurrency
In US First, NY Requires Stablecoins to Be Backed by Cash
June 08, 2022

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...

Cryptocurrency
Centralized Crypto Exchanges Hope Regulation Will Blunt DeFi Threat
June 08, 2022

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...