Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and also because it was created in large part by programmers and cryptographers, who should never be allowed to name anything regular...
In a workforce and leadership shakeup, crypto brokerage Genesis is cutting 20% of its staff as CEO Michael Moro stepped down and Chief Operating Officer Derar Islim was named interim CEO while the company searches for a new leader. Get the Full Story Complete the...
A clash may be coming between congressional Republicans and federal banking regulators over the treatment of cryptocurrency businesses. 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...
The losses from crypto hacks were up 60% in the first seven months of 2022, now hitting $1.9 billion, according to a blog from Chainalysis — an increase from $1.2 billion at the same time last year. Get the Full Story Complete the form to...
It’s not just the libertarians who are concerned about the implications of the U.S. blacklisting a crypto mixing site allegedly used by North Korean hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As the pandemic wanes, Bloomberg reported that crypto nomads are returning to big cities like New York and London. 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...
Sometimes it’s friendly and sometimes it isn’t, but long-planned crypto mergers and SPAC acquisitions have been falling apart in the past month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Federal Reserve has opened a path for crypto banks and stablecoin issuers to gain access to master accounts that would bring access to the global payments system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Federal Reserve announced final guidelines Monday (Aug. 15) that could pave the way for institutions holding crypto and other “new types of financial products” to gain access to so-called master accounts with the central bank. Get the Full Story Complete the form to unlock...
