Puerto Rico’s FV Bank has launched digital asset custody and settlement services for clients around the world, becoming the first bank in the commonwealth to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cryptocurrency prices continue to slide amid uncertainty about a deal between two of the industry’s largest exchanges. 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...
Digital asset and blockchain firm Galaxy Digital has an exposure of about $76.8 million of cash and digital assets to cryptocurrency exchange FTX and is in the process of withdrawing $47.5 million, the company announced Wednesday (Nov. 9) in a quarterly earnings press release issued...
Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part of finance that crypto companies believe they can most easily and effectively disrupt. Get the Full Story Complete the form...
Cryptocurrency exchange Binance is set to acquire rival FTX, the heads of the companies announced on Twitter Tuesday (Nov. 8) in the wake of a public clash between the firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A federal judge has granted reality star Kim Kardashian and boxer Floyd Mayweather an apparent victory in a lawsuit that accuses the celebrities of scamming cryptocurrency investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A federal judge has ruled that video sharing application provider LBRY violated the registration provisions of federal securities laws when it issued, offered and sold crypto asset securities called LBRY Credits or LBC. Get the Full Story Complete the form to unlock this article and...
After Binance announced that it would begin liquidating its holdings of crypto exchange FTX’s FTT token, FTX CEO Sam Bankman-Fried tweeted that the exchange has enough to cover all client holdings, that it has been processing all withdrawals and that it will continue to do...
Federal authorities say they have seized a “historic” $3.36 billion in bitcoin stolen by a convicted fraudster from the Silk Road dark web marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
