Most Recent
New Regulations Could Push US Dollar Stablecoins Into The Payments Mainstream
Friday 15th January - 4:03 amFor stablecoins, concept is edging closer to reality, especially for digital dollars – with a dose of regulatory clarity. To that end, as Jeremy Allaire, CEO of Circle, told PYMNTS’ Karen Webster, ...
Bitcoin Daily: Gemini Acquires Blockrize, Announces Credit Card With Crypto Rewards
Thursday 14th January - 8:29 pmCryptocurrency exchange Gemini announced in a press release Thursday (Jan. 14) that it will soon be offering a cryptocurrency rewards credit card with its acquisition of Blockrize, which was developing ...
Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million IPO Beats Forecasts
Thursday 14th January - 3:05 pmIn today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Plus, Grab Financial raised $300 million. Connecticut AG ...
ECB's Lagarde: Bitcoin A Money Laundering Tool, Needs More Regulation
Thursday 14th January - 10:32 amBitcoin is about to get even more scrutiny by regulators, on a global stage. At least it seems so, if recent comments by European Central Bank President Christine Lagarde are any ...
Bitcoin Daily: OCC Grants Crypto Firm Anchorage Conditional Digital Banking License; Crypto Exchange RG Coins Owner Arrested For Money Laundering
Wednesday 13th January - 9:36 pmThe Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. 13). With the ...
Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS
Wednesday 13th January - 3:00 pmIn today’s top news, Visa opted out of its acquisition of Plaid after the DOJ sued over antitrust concerns, and Billtrust is expected to start trading today after completing its ...
Bitcoin Daily: 20 Pct Of Bitcoin Trapped In ‘Lost’ Wallets; Goldman Says Bitcoin Is Maturing
Tuesday 12th January - 8:29 pmGoldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing. “I think in any nascent market you get that volatility and those risks that are ...
Debate Looms Over Crypto Privacy, Security And Regulation
Tuesday 12th January - 2:52 pmIn the starkest terms, the latest regulatory debate over cryptocurrencies – as with so much else in the financial sphere – comes down to privacy versus security. And the debate, which ...
Bitcoin Daily: Britain's Financial Regulator Warns Of Crypto Scams Offering High Returns
Monday 11th January - 9:18 pmThe U.K. Financial Conduct Authority (FCA) said new scams could end up having devastating effects on crypto investors, CoinDesk reported. According to the FCA, investors could lose “all their money” if ...
Cryptocurrency Market Tumbles; Bitcoin Falls 12 Percent
Monday 11th January - 12:43 pmThe price of bitcoin kept going up and up and up for months — to a high of more than $40,000. Then, on Monday (Jan. 11), the market came crashing ...
Neobank Revolut Applies For UK Financial Services License
Monday 11th January - 6:56 amBritish challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Nik Storonsky, founder and CEO at Revolut, said ...
Blockchain Unchained: Paxos CEO Sees Expanded Role For Token-Based Digital Assets
Monday 11th January - 4:00 amAlthough blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system ...
Bitcoin Daily: Grayscale CEO Says Pension, Endowment Funds Driving Bitcoin Rally; NYC Bar Owner Selling Two Locales For Bitcoin
Sunday 10th January - 7:37 pmGrayscale Investments CEO Michael Sonnenshein told Bloomberg that the digital asset management firm has seen increased crypto investments from pension funds and endowments, driving digital asset growth and acceptance. Grayscale’s 10 ...
Ripple, Second Stimulus Bill, Checkout Features Top This Week’s News
Friday 8th January - 4:00 pmIn this week’s news, we saw more rules and breaks for Paycheck Protection Program (PPP) loans in a second stimulus bill, a suit against Ripple Labs and new data on key ...
Bitcoin Daily: South Korea’s 20 Pct Crypto Tax To Start In 2023; Bitcoin Shoots Above $40K
Thursday 7th January - 8:48 pmSouth Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today. According to the report, investors making more ...