Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
FTX Ties to Farmington State Bank in US Are Probed
November 23, 2022

One of the assets that have come to light during the bankruptcy of FTX is reportedly a stake in a U.S.-licensed bank, which it owns through a subsidiary.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
FTX Enlists Ex-SEC and CFTC Enforcement Chiefs to Probe Collapse
November 23, 2022

Saying they aim to investigate what happened at FTX and implement new controls at the company, the new leaders of the cryptocurrency exchange have brought in several experts — among them, former U.S. officials.  Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Brazilian Crypto Exchange Bitpreco Adding Banking Platform 
November 23, 2022

Brazilian cryptocurrency exchange Bitpreco is reportedly launching a platform that will provide banking services.  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
Celebrities Who Endorsed FTX Are a ‘Juicy Target’ for Lawsuits 
November 23, 2022

With FTX and more than 100 of its affiliated companies having filed for bankruptcy protection, the celebrities who endorsed the firm reportedly still present an opportunity for those who lost out on FTX to attempt to recover their losses.  Get the Full Story Complete the...

Cryptocurrency
Conflict of Interest Costs SBF His Lawyers
November 23, 2022

Add this to the list of troubles befalling FTX founder Sam Bankman-Fried this month: his law firm has reportedly stopped representing him due to an apparent conflict of interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
El Salvador Forges Ahead With Crypto Regulation
November 23, 2022

Legislators in El Salvador are considering a bill that would regulate digital securities, a sign the Central American nation is proceeding with plans to issue bonds backed by bitcoin even as citizens turn away from the country’s crypto experiment. Get the Full Story Complete the...

Cryptocurrency
ASIC: Block Earner Ran Unlicensed Crypto Investments
November 23, 2022

The Australian Securities and Investments Commission (ASIC) has sued the FinTech company Block Earner for allegedly offering cryptocurrency investments without a license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Starling Bank Reminds Customers It Is Cracking Down on Crypto
November 23, 2022

Months after announcing it would steer away from digital assets, United Kingdom neobank Starling Bank has increased its anti-cryptocurrency campaign. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
NY Governor Signs Law Pausing Some Crypto Mining for 2 Years
November 23, 2022

In a law that is said to be the first of its kind in the United States, New York has imposed a two-year moratorium on some forms of cryptocurrency mining. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...