FinTech’s disruption of existing financial markets has hit a nerve with lawmakers around the world, particularly antitrust regulators. All aspects of financial services have been affected, from back-office processes and retail banking to investment management and fundraising. Get the Full Story Complete the form to...
Andreessen Horowitz has set up a new crypto fund, its fourth, which will total $4.5 billion, a company blog said Wednesday (May 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Calling the cryptocurrency hype the “flywheel of growth that crypto projects seem to need to get off the ground,” the top U.S. bank regulator described the recent $45 billion collapse of the TerraUSD stablecoin as “a wake-up call and an opportunity to reset and to...
A big effort to regulate crypto in the U.S. could come with a bill to set roles for the two government watchdogs, a report from Coindesk said Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The government of Nigeria will be rolling out a nationwide digital wallet to allow for international commercialization of intellectual property (IP) forms, a press release said Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The collapse of the TerraUSD stablecoin didn’t just drain $45 billion from investors following a run earlier this month. It raised questions about the stability of decentralized finance (DeFi) as a whole and its risks to the broader financial markets. Get the Full Story Complete...
It’s probably worth pointing out that thanks to ties, there are now nine members of the top five cryptocurrency exchange providers in PYMNTS Cryptocurrency Exchange Provider Ranking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Financial stability is at risk as crypto-assets become more entangled with mainstream markets, the European Central Bank (ECB) said in its financial stability review on Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. Rep. Madison Cawthorn, who recently lost his primary to represent western North Carolina again, is now under investigation for crypto-related matter, a press release from the U.S. House Committee on Ethics said Monday (May 23). Get the Full Story Complete the form to unlock...
