Cryptocurrency

Cryptocurrency
CFTC Nominees Urge Lawmakers to Give Agency More Crypto Oversight
March 02, 2022

The four nominees from President Joe Biden to join the Commodity Futures Trading Commission (CFTC) have told lawmakers that they think there needs to be more powers to regulate crypto, Bloomberg wrote Wednesday (March 2). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Senators Ask Treasury to Probe if Russia Can Use Crypto to Get Around Sanctions
March 02, 2022

Four Democratic U.S. senators Wednesday requested Treasury Secretary Janet L. Yellen explain how her department plans to get cryptocurrency companies to enforce economic sanctions on Russia, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
When It Comes to Accepting Crypto in Payment, Taxes Are Very Taxing
March 02, 2022

For a business of any size, the decision to accept payment in cryptocurrencies like bitcoin is a fraught one. Issues like price volatility and custody have kept crypto payments a fairly small niche. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
LendingClub CEO Cautious About Crypto
March 02, 2022

The CEO of LendingClub said his company is hesitant about embracing cryptocurrency, focusing instead on a bank acquisition and more traditional financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
EU Crypto Asset Rules Make Euro Stablecoins Unprofitable
March 02, 2022

For European investors, bitcoin exchange operators and decentralized finance networks wondering when cryptocurrency regulations will be implemented, it could as early as next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
As Crypto Remittance Firms Cut Off Russia, Bitcoin’s ‘Beyond Politics’ Utility Is Tested
March 02, 2022

As crypto-focused and crypto-friendly FinTechs follow Wise’s lead in cutting off remittances to Russia, the core neutrality principle that bitcoin brought to the industry is being tested, financially and morally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Binance, OKX Reject Calls to Ban Russian Crypto Transactions
March 02, 2022

Not every financial sector has joined the movement to shut out Russia since its invasion of the Ukraine last week, The Financial Times reported Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Bittrex Compliance Chief Sees TRUST as Crypto Industry Standard
March 02, 2022

In the world of crypto exchanges, user privacy and security are paramount, and companies are stepping up their efforts to provide a safe experience for consumers and preparing for any potential regulation that may require a high level of compliance. Get the Full Story Complete...

Cryptocurrency
Today in Crypto: Coinbase Blocks Sanctioned Russian Accounts; Ukraine Asks for, Gets Russian Crypto Wallet...
March 01, 2022

Ukraine has been receiving crypto wallet addresses connected to Russian politicians in the wake of an effort to find and blacklist them, CoinDesk reported Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...