Cryptocurrency

Cryptocurrency
BoE Official Warns of Crypto’s Dire Future
May 17, 2022

Jon Cunliffe, Bank of England deputy governor, said investors in crypto should expect harder times, Reuters wrote Tuesday (May 17). 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
Robinhood to Launch Standalone Noncustodial Web3 Wallet
May 17, 2022

Robinhood is debuting its own noncustodial wallet to work with Web3, which will let customers have “total control” of their crypto, a company blog said Tuesday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Kenyan Financial CEO: Crypto Could Enhance Mobile Money
May 17, 2022

Cryptocurrency will be able to supplement mobile money in Africa if lenders can convince regulators it’s worth it, according to the head of Kenya’s biggest lender, Bloomberg reported Tuesday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Shopify Merchants Now Accept Instant Crypto Payments
May 17, 2022

Shopify merchants can now enable Crypto.com Pay on their online storefronts and give customers more ways to make their purchases with cryptocurrencies, according to a press release Tuesday (May 17) by cryptocurrency platform Crypto.com. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Crypto Platform Wirex Expands Wallet for NFTs, Google and Apple Pay
May 17, 2022

Cryptocurrency platform Wirex said it has expanded some features of its non-custodial wallet, allowing users to add NFTs, buy cryptocurrency and make payments using Apple Pay and Google Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
SEC Chair Steps up Crypto Crusade, Sends Message to CFTC
May 17, 2022

Securities and Exchange Commission (SEC) Chair Gary Gensler on Monday (May 16) told an audience during the 2022 FINRA annual conference that until there is better regulation on the crypto space, the agency will “continue to be a cop on the beat.” Get the Full...

Cryptocurrency
Tether Drops 9% in $7B Investor Selloff 
May 17, 2022

The world’s biggest stablecoin, Tether, dropped an estimated 9% in value since May 12 and lost more than $7 billion as investors pulled out amid a wider cryptocurrency selloff that started last week, according to multiple media reports on Tuesday (May 17) and CryptoCompare data....

Cryptocurrency
US SEC Chair Calls for More Disclosure on Crypto
May 16, 2022

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC) has classified crypto assets as “highly speculative,” saying investors need more protections, lest they lose trust in the markets, Reuters reported Monday (May 16). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Today in Crypto: El Salvador to Hold Bitcoin Meeting With 44 Countries; TerraUSD Backer Says...
May 16, 2022

Japanese bank Nomura will be debuting a company to help institutional clients get more into crypto, non-fungible tokens (NFTs) and decentralized finance, The Financial Times reported Monday (May 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...