Cryptocurrency

Cryptocurrency
Ex-Clinton OCC Chief: Crypto Firms ‘Getting Away With Murder’
September 06, 2022

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...

Cryptocurrency
Bnk To The Future Signs Deal to Buy Crypto Lender Salt
September 06, 2022

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...

Cryptocurrency
Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals
September 06, 2022

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...

Cryptocurrency
Binance Boots Rivals’ USDC Stablecoin as Crypto Trading Retrenches
September 06, 2022

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...

Cryptocurrency
Binance to Auto-Convert USDC, USDP, TUSD to Its Own Stablecoin
September 05, 2022

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...

Cryptocurrency
Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to...
September 05, 2022

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...

Cryptocurrency
As Workers of the World Await Fidelity’s Bitcoin 401(k), Will IRA-Friendly ETFs Be Next?
September 05, 2022

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...

Cryptocurrency
Today in Crypto: Actor Bill Murray Loses $185K in Crypto After Hack; Georgian Coinbase Users...
September 04, 2022

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...

Cryptocurrency
El Salvador Weekly: One Year on, Bitcoin-as-Legal-Tender Is on the Ropes
September 04, 2022

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...