FinTechs and cryptocurrency companies that compete with banks without having to follow as many regulations are “getting away with murder,” Eugene Ludwig, comptroller of the currency during the President Bill Clinton administration, said Tuesday (Sept. 6). Get the Full Story Complete the form to unlock...
One of the first bitcoin and crypto securities businesses is looking to acquire one of the initial crypto lending platforms in a deal that aims to result in a regulatory-compliant solution for customers impacted by the current crypto lending crisis. Get the Full Story Complete...
A crypto mining pool that accounts for nearly 10% of bitcoin’s computing power has cut off withdrawals, citing liquidity issues as it blocks members from accessing their cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The stablecoin wars are heating up, and Circle and Coinbase’s USDC could be in for a rough time. 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...
Binance announced its BUSD auto-conversion program, a company blog post said Monday (Sept. 5), which converts one-to-one USDC, USDP and TUSD stablecoins to Binance’s own BUSD. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Despite strong opposition from some of the most powerful members of Congress and Department of Labor, which oversees 401(k) plans, Fidelity is still preparing to offer the option to invest in cryptocurrency on some employer-sponsored retirement plans by the end of the year. Get the...
Coinbase users in the Eastern European country of Georgia have reportedly been exploiting a price bug to cash out holdings for 100 times the exchange rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
El Salvador’s experiment to make bitcoin a legal tender alongside the dollar is rapidly approaching its one-year anniversary on Sept. 7, and the endeavor has not been one of President Nayib Bukele’s great successes. Get the Full Story Complete the form to unlock this article...