A federal law enforcement network has identified a surge of suspicious activity from San Francisco financial firms, including some of the world’s leading cryptocurrency trading platforms, according to a new report based on federal data. Get the Full Story Complete the form to unlock this...
The U.S. House Committee on Financial Services holds a hearing on Tuesday 8 with only one witness, Nellie Liang, Under Secretary for Domestic Finance at the U.S. Department of the Treasury, who will recommend that the House pass new legislation to regulate stablecoins due to...
Researchers with the Federal Bank of New York have said stablecoins are not likely to be the future of payments, CoinDesk reported Monday (Feb. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Solidus Labs, Coinbase and several other big names in crypto announced Monday (Feb. 7) that they are forming a Crypto Market Integrity Coalition (CMIC) to work towards a future with safer markets. Get the Full Story Complete the form to unlock this article and enjoy...
North Korea has reportedly used stolen crypto funds to help fund its missile development program, according to a Reuters report Monday (Feb. 7), which cited a report from the United Nations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Federal Deposit Insurance Corporation (FDIC) Acting Chairman Martin J. Gruenberg on Monday (Feb. 7) included the evaluation of the risks related to cryptocurrency as a top priority for the agency to consider in 2022 — and likely beyond. Get the Full Story Complete the form...
The fast-growing U.S. crypto debit card market has a new entrant in Wirex, a U.K.-based digital payments platform that claims the first such cryptocurrency-based payments product, launched in 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Mitsubishi UFJ Trust, Japan’s largest bank by assets, is planning to issue a stablecoin pegged to the yen under the revised Settlements and Payment System Act taking effect next year, according to Nikkei. Get the Full Story Complete the form to unlock this article and...
Brokerage firm DriveWealth, a New Jersey-based FinTech, is getting into cryptocurrency trading, CNBC reported Monday (Feb. 7). 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...
