Cryptocurrency

Cryptocurrency
Use in Ukraine Lends Some Luster to Crypto’s Dark Side in Senate Hearing
March 17, 2022

It probably isn’t a surprise that today’s (March 17) Senate Banking Committee hearing on the role of crypto in supporting illicit activities focused heavily on sanctions busting — particularly with the addition of Michael Chobanian, founder of the KUNA crypto exchange and president of Blockchain...

Cryptocurrency
Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
March 17, 2022

Cryptocurrency industry insiders donated $7.3 million to political campaigns and committees in 2021 through the end of January, but almost all of that money came in dollars — cash, checks and credit cards — rather than in bitcoin or one of the other token types,...

Cryptocurrency
Bipartisan Congressional Group Asks SEC for Info About Crypto Probes
March 17, 2022

A bipartisan group of Congress members sent a letter to the U.S. Securities and Exchange Commission (SEC) requesting information about its cryptocurrency probes to ensure that innovation isn’t suppressed due to overreaching requests for information. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Seeking Regulatory Foothold, Binance Crypto Exchange on Hunt for Brazilian Bank
March 17, 2022

Binance, a cryptocurrency exchange with no headquarters, is reportedly planning to buy banks and payments processors in Brazil as a way into the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Sen. Warren Proposes Sanctions Compliance Law for Crypto Firms
March 17, 2022

Four Democratic United States senators want to prohibit cryptocurrency platforms from conducting business with sanctioned companies and people, CoinDesk.com reported Thursday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
EU Financial Regulators Warn Consumers on Crypto-Asset Risks
March 17, 2022

Financial regulators in the European Union issued a warning to consumers that cryptocurrencies are speculative and highly risky. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Cryptocurrency
In DeFi’s Brave New World, ‘Ruthless’ DAO Governance Aims to Run a Better Company
March 17, 2022

What if your fellow investors could simply vote to take away your shares, with no compensation and no legal recourse? What if they could choose to empty your bank account by majority vote? How about if they could do it with a plurality of just...

Cryptocurrency
Today in Crypto: Blockchain Startup Aptos Nets $200M; Ukraine Legalizes Crypto as Donations Pour In
March 16, 2022

Crypto.com announced Tuesday (March 15) that it is launching the initial phase of its Exchange platform in the U.S., with waitlisted users gaining access ahead of a wider rollout in the coming months. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
FTX Teams With AZA Finance to Advance Web3 Economy in Africa
March 16, 2022

Global cryptocurrency exchange FTX is teaming up with digital currency exchange AZA Finance to boost the adoption of Web 3 and digital currencies across Africa, according to a press release on Wednesday (March 16). Get the Full Story Complete the form to unlock this article...