Cryptocurrency

Cryptocurrency
OCC Head Reiterates Banking Regulators’ Cautious Approach to Crypto
September 07, 2022

Recent events have reinforced the Office of the Comptroller of the Currency (OCC) position that lenders must ask permission before participating in the cryptocurrency industry and must show that such activity would be totally safe, the acting head of the agency reportedly said Wednesday (Sept....

Cryptocurrency
Crypto Regulation Weekly: Stablecoin Bill Stalls, Comptroller Won’t Back Down
September 07, 2022

Negotiations between two top congressional leaders to draft a stablecoin regulatory bill that could win passage this year have hit another roadblock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Luxury Resort Palazzo Versace Dubai Accepts Crypto via Binance
September 07, 2022

Palazzo Versace Dubai, a hotel and resort completed in Culture Village by Dubai Creek in Dubai, United Arab Emirates (UAE), is now accepting cryptocurrency payments for dining, stays and spa experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Sanctions-Busting Russian Stablecoin Would Test US Regulations
September 07, 2022

Get ready to see the stablecoin regulation wars heat up. 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 daily newsletter, PYMNTS Today. By completing this...

Cryptocurrency
Crypto Lender Voyager Heads to Bankruptcy Auction
September 07, 2022

Bankrupt cryptocurrency lender Voyager Digital is being put up for auction next week. 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 daily newsletter, PYMNTS Today....

Cryptocurrency
Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
September 07, 2022

For crypto insiders, Tuesday, Sept. 6 was momentous. So why did the market fall off a cliff last night, with bitcoin down almost 6% and ether off almost 10%? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes...
September 06, 2022

Multichain decentralized finance (DeFi) platform Kyber Network has said it’s removed an attack vector used in an exploit that saw $265,000 stolen on Sept. 1, Coindesk wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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...