(source: en.wikipedia.org)
Gemini is reportedly cutting more staff amid an 82% decline in the crypto firm’s valuation. The company has in recent days laid off additional workers beyond the 25% of staff cuts it announced earlier this month, Bloomberg News reported Sunday (Feb. 22), citing sources familiar...
Bitcoin, the world’s most popular cryptocurrency, is less popular these days. The crypto token has fallen more than 40% since its peak last fall, Bloomberg News reported Saturday (Feb. 21), amid the growing popularity of stablecoins and prediction markets. The price of bitcoin hit a...
Ripple CEO Brad Garlinghouse thinks there is a 90% chance the CLARITY Act will be signed into law by the end of April, he said in a Thursday (Feb. 19) interview on Fox Business. “The White House is pushing hard on this, and I think...
For all the attention stablecoins have received in policy debates and crypto market cycles, they still remain mostly absent from most people’s daily financial lives. Particularly across the world’s major economies. Consumers are not paying rent in tokenized dollars, banks have not replaced ACH with...
Anchorage Digital now enables licensed international banks to access stablecoin rails for U.S. dollar cross-border transfers and settlement. This capability is provided by the company’s new Stablecoin Solutions for Banks, which is a purpose-built offering under U.S. federal oversight, Anchorage Digital said in a Thursday...
Conversations about the future of money have started to forget one fundamental thing. The cash itself. For all the rhetoric about tokenization, programmable finance, and digital wallets, the defining feature of physical cash is not its technology but its structure. Cash is a distribution system....
Stablecoins are often portrayed as a triumph of blockchain innovation, but behind the scenes they can frequently run on conventional infrastructure. It may come as a surprise to corporate leaders weighing blockchain finance solutions that, in practice, much of the heavy lifting enabling stablecoin transactions...
WalletConnect, a company that enables businesses to accept crypto and stablecoin payments, has appointed Riaz Bordie, a former Checkout.com and SumUp, as its chief technology officer. Bordie will drive the technical development of WalletConnect Pay, the company’s payment method that allows the acceptance of crypto...
Watch more: TechReg Talks With Nixon Peabody’s Andrew Glass and Gregory Blase For years, getting a bank charter was something only traditional financial institutions worried about. That’s changing fast. A growing number of FinTech companies now see charters as powerful tools that can shape how...