Cryptocurrency

Cryptocurrency
UC Berkeley Cancels FTX Stadium Naming Partnership
November 17, 2022

The FTX name will have been attached to the University of California Berkeley’s football stadium for less than two years — rather than the 10 years the two parties had agreed to.  Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Alameda Research Made Loans to Sam Bankman-Fried and FTX Execs 
November 17, 2022

FTX-affiliated trading firm Alameda Research reportedly made $4.1 billion in combined loans to “related parties,” with the majority going to then-FTX CEO Sam Bankman-Fried, one of his majority-owned companies and two other executives.  Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
BaFin President: Banks’ Interest in Crypto Is ‘Limited’
November 17, 2022

In an interview published on the European Central Bank website, Mark Branson, member of the supervisory board of the ECB and president of the German Federal Financial Supervisory Authority (BaFin), warned that effective regulation is needed to prevent crypto market volatility from spilling over into...

Cryptocurrency
FSB Official Says Unregulated Crypto Threatens World Finance System
November 17, 2022

The ongoing turmoil in the cryptocurrency world has given the Financial Stability Board (FSB) new reason to develop regulations for the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
OCC Head Hsu Praises ‘Careful and Cautious’ Approach to Crypto
November 17, 2022

A cautious approach to cryptocurrencies has proven to be the right course for banks, and consumers would be wise to adopt a similar approach in their own financial lives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Coinbase’s Discounted Bonds Offer Snapshot of Crypto’s Cash Conundrum
November 17, 2022

Wall Street, they say, is a voting machine — and then over the longer term it’s a weighing machine. 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...

Cryptocurrency
New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
November 17, 2022

Despite 40 years of corporate restructuring experience, John J. Ray said he’s never seen a company as badly run as fallen cryptocurrency exchange FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Brazil’s Crypto Fans Push for New Laws After FTX Fall
November 17, 2022

Brazil’s cryptocurrency sector wants the country to approve legislation providing oversight to their industry, part of a wave of calls for more regulation in the wake of the FTX collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
FTX Founder: Filing for Bankruptcy Was Bad Move
November 17, 2022

The founder of fallen cryptocurrency giant FTX says his company’s decision last week to declare bankruptcy was a mistake. 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...