The People’s Bank of China (PBOC) and the Shanghai Municipal Financial Regulatory Bureau have announced that they will be inspecting companies that conduct cryptocurrency trading, token sales, and distributions of tokens from overseas initial coin offerings (ICOs). Get the Full Story Complete the form to...
German cryptocurrency company Karatbars has been ordered to stop doing business after being accused of running a pyramid scheme. 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...
Telegram has submitted a new legal filing requesting that the New York Southern District Court dismiss accusations by the U.S. Securities and Exchange Commission (SEC) that its cryptocurrency is a security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Alipay’s Ant Financial announced that it is moving into the pilot stage for its blockchain network — Ant Blockchain Open Alliance, which was created to help small and medium-sized businesses. There are then plans to go live three months later. Get the Full Story Complete the...
Bitcoin payments app Fold has announced that its users can now get 3 percent back in bitcoin when they book a stay and experience on Airbnb. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Tencent has announced that it will launch a blockchain-based virtual bank. 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...
Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid the “real risk of regulatory arbitrage.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Trading platform eToro has acquired crypto portfolio management app Delta in a deal reportedly worth $5 million. 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...
Mining — on again, off again, back on again in China. That is not the mining of which one might think — not the stuff that comes out of the ground, like metals and coal, but bits and bytes. Get the Full Story Complete the...
