Aiming to determine Japan’s exposure to FTX, the country’s Financial Services Agency (FSA) has reportedly asked local cryptocurrency exchanges if the collapse of FTX and its affiliated companies has affected their businesses. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Department of the Treasury issued a report Wednesday (Nov. 16) encouraging collaboration between banks and FinTechs, provided it is done responsibly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Securities Commission of the Bahamas — the country in which now-bankrupt cryptocurrency exchange FTX is headquartered — has announced the appointment of liquidators for the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the market should be regulated like traditional finance, with “strong regulatory guardrails.” Get the Full Story Complete the form to unlock...
The U.S. Attorney’s Office for the Southern District of New York is reportedly investigating the collapse of cryptocurrency exchange FTX as well as the firm’s handling of its customers’ funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services Committee, said Thursday (Nov. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
When it comes to selling compliance services in the blockchain business, the two most difficult tasks are educating clients from financial institutions about what it is and then convincing them that for all the claims of crypto’s anonymity, it is easier than it sounds. Get...
Russia’s central bank is reportedly considering new regulations and rules for taxing non-fungible tokens (NFTs), smart contracts and trading digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The European Commission has published proposed changes to the European Union’s Market Definition Notice and asked for anyone interested to comment on the draft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...