Cryptocurrency

Cryptocurrency
Canada Expands Oversight Into Crypto Platforms
December 13, 2022

Canada has joined a list of countries increasing oversight into cryptocurrencies following the FTX collapse. 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,...

Cryptocurrency
FTX CEO’s Testimony and Restructuring Plan: 5 Things to Know
December 13, 2022

FTX’s caretaker CEO is offerings fresh insights hours after the bankrupt exchange’s former CEO was arrested. 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...

Cryptocurrency
Bankman-Fried Charged in ‘Years Long’ Fraud Against FTX Investors
December 13, 2022

FTX’s founder carried out a “years-long” fraud against investors who gave $1.8 billion to his cryptocurrency exchange. 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...

Cryptocurrency
Binance Issues Temporary Pause on USDC Withdrawals
December 13, 2022

Binance paused withdrawals of stablecoin USDC Tuesday (Dec. 13) as it conducted a “token swap.” 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,...

Cryptocurrency
Sam Bankman-Fried Arrested in Bahamas and Faces Extradition to US 
December 12, 2022

FTX founder Sam Bankman-Fried has been arrested in the Bahamas.  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 this...

Cryptocurrency
Coinbase Says Law Enforcement Requests Up 66% From Last Year
December 12, 2022

Cryptocurrency exchange Coinbase is fielding more information requests from government agencies and law enforcement.  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...

Cryptocurrency
FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
December 12, 2022

The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.”  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...

Cryptocurrency
Binance Audit Raises Red Flags From Own Team
December 12, 2022

Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to shore-up user confidence via a mix of stability, trust, and regulation surrounding internal reporting and controls, among other things. Get...

Cryptocurrency
Jewel Bank Launches Stablecoin-Based Payment Services
December 12, 2022

Jewel Bank has launched stablecoin-based payment services backed by bank deposits.  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...