Amid war, bitcoin and other cryptos are in the crosshairs. 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 our daily newsletter, PYMNTS Today. By completing this...
The European Parliament on Friday (Feb. 25) indefinitely pushed off its vote on a proposed regulatory package for cryptocurrency assets because a leaked draft version of the proposal was criticized for including a provision that would ban cryptos’ use in the European Union because of...
Regulating crypto assets is almost inevitable and lawmakers in Washington D.C. are showing an increased interest and the level of sophistication is rapidly increasing, what is encouraging, Kevin Werbach, professor of legal studies and business ethics at The Wharton School of the University of Pennsylvania told...
All eyes may have been on Ukraine this week, but in major economies around the world, crypto’s use as a tool for money laundering tool came under renewed attack this week as prosecutors and politicians stepped up the use of criminal charges to fight the...
Russia’s invasion of Ukraine sent the market capitalization of major cryptocurrencies plummeting before they regained most of their lost value as the invasion passed the 24-hour mark.Bitcoin traded at $38,998 at 9 a.m. ET on Feb. 23 on the Coinbase exchange. Bitcoin hit its lowest...
China’s Supreme Court this week set penalties for violating recent prohibitions against engaging in cryptocurrency transactions. 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 our daily...
Russia’s incursion into the Ukraine early Thursday (Feb. 24) triggered more than $242 million in liquidations in the crypto market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Cryptocurrencies raise potential benefits and risks. They represent a break from the traditional model of so-called “fiat currency,” which gives government bodies inherent regulatory power. Their use offers potential for criminals to escape the oversight of the government, but they also present potential benefits for...
The Biden administration is putting new sanctions on Russia over the current Ukraine conflict, trying to cut off foreign capital, The New York Times wrote Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
