Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When Celsius Network became the second crypto lender to enter bankruptcy Wednesday (July 13) it looked from the surface like the last of the big dominoes set up by the $48 billion collapse of a poorly designed stablecoin had fallen. Get the Full Story Complete...
The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month. Perfect time to start a buy now, pay later (BNPL) lending market for non-fungible token (NFT) collectibles. Get the Full...
Celsius Network, the embattled crypto lender, filed for Chapter 11 bankruptcy Wednesday (July 13) a month after it had frozen customer accounts, according to the company blog. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The California Department of Financial Protection and Innovation (DFPI), which looks into operations of state-licensed financial institutions, will be investigating whether crypto-asset companies that suspended withdrawals and transfers have broken the law. Get the Full Story Complete the form to unlock this article and enjoy...
Deputy Bank of England Governor Jon Cunliffe recently said in a speech that the volatility and losses in crypto necessitate regulation, per a publication from the Bank of England Tuesday (July 12). Get the Full Story Complete the form to unlock this article and enjoy...
A pair of international regulatory organizations have formally recommended that stablecoins be required to follow all existing international payment, clearing and settlement standards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
“Bitcoin,” “blockchain” and “cryptocurrency” are words that most people have at least heard of since the industry exploded into the mainstream public consciousness over the last year and a half. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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