Federal Reserve Chair Jerome Powell thinks the crypto industry could cause broader financial turmoil in the future than it has so far, so there’s a need for better regulation, Bloomberg wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
On Capitol Hill, by now the cast of characters — and the flash points — are familiar. 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...
Digital bank Revolut is being investigated by a regulator in Lithuania following a data breach earlier this month that exposed sensitive information on 50,150 customers, including those in the European Economic Area (EEA). Get the Full Story Complete the form to unlock this article and...
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The latest version of an on-again, off-again House bill regulating stablecoins would place a two-year ban on dollar-pegged digital assets like TerraUSD, which collapsed in a $48 billion bank run-style panic in May. Get the Full Story Complete the form to unlock this article and...
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Republican attorneys general in 24 states said America’s three largest card networks could be violating the law with a new system for processing firearms purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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Despite demand from an increasing number of their clients for cryptocurrency products and services, many banks are reportedly holding back on offering them because accounting guidance from the U.S. Securities and Exchange Commission (SEC) makes it unprofitable to do so. Get the Full Story Complete...
