Cryptocurrency

Cryptocurrency
Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be...
February 02, 2022

FTX has acquired Japanese cryptocurrency exchange Liquid Group in a move to help Japanese customers through its new subsidiary, according to a CoinDesk report Wednesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
February 02, 2022

Hester Peirce, the crypto-friendly commissioner on the U.S. Securities and Exchange Commission (SEC), is warning that a proposal from the agency would not only add another layer of oversight to trade government securities, but could also give regulators more power to examine digital-asset platforms, Bloomberg...

Cryptocurrency
SEC Crypto Enforcement Approach May Not Be Enough in the Long Term 
February 02, 2022

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 form, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
In Buying Diem’s Stablecoin, Silvergate Bank Makes Itself a Contender
February 02, 2022

With its decision this week to spend $200 million to buy the assets of the Diem Association’s largely launch-ready stablecoin, Silvergate Bank has the potential to become a serious competitor to the likes of Tether’s USDT and Circle’s USD Coin stablecoins overnight. Get the Full...

Cryptocurrency
South Africa Urges Caution on Crypto Exchange FTX
February 02, 2022

South Africa’s Financial Sector Conduct Authority (FSCA) is warning cryptocurrency traders to be “cautious and vigilant” when using FTX Trading Ltd., which is among the fastest-growing crypto exchanges in the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
PYMNTS Crypto Basics Series: What’s a Crypto Wallet and How You Can Avoid Losing a...
February 01, 2022

Bitcoin, blockchain and cryptocurrency are words that most people have at least heard of in 2022, as the industry exploded into the mainstream public consciousness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Today in Crypto: Intuit CEO to Traders: Beware of Bitcoin, NFT Tax Bill; Bitcoin Broker...
February 01, 2022

Amber Group, a crypto finance startup working in algorithmic trading and digital market making, has acquired DeCurret, a Japan-licensed crypto exchange operator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
February 01, 2022

India’s finance minister just announced that India’s next budget will include a 30% tax on cryptocurrency, suggesting a long-feared total ban is likely off the table. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Solana Pay Launches as Low-Cost, Instant Crypto Payment for Everyday Purchases
February 01, 2022

Solana Labs announced in a Tuesday (Feb. 1) blog post a new point-of-sale (POS) payment product that lets merchants accept the USD Coin (USDC) stablecoin and other cryptocurrencies with tiny fees nearly instantly. Get the Full Story Complete the form to unlock this article and...