It wasn’t exactly an “I told you so,” but Comptroller of the Currency Michael Hsu didn’t mince words either when discussing crypto’s place in the Semiannual Risk Prospective report released Thursday (June 23). Get the Full Story Complete the form to unlock this article and...
Bitcoin’s been on a roller coaster this week, bouncing above and below $20,000, a price that is a line in the sand for the first and biggest cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Embattled cryptocurrency lender Celsius Network has hired restructuring consultants as it prepares for a possible bankruptcy. 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...
Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi after giving it a $250 million credit line this week, people familiar with the situation told The Wall Street Journal Friday (June 24). Get the Full Story Complete the form to...
Merchants and consumers have had enough experience with cryptocurrencies that they understand the advantages they offer as a payment method. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
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The chair of the Securities and Exchange Commission (SEC) Gary Gensler is talking to other financial agencies, including the Commodity and Futures Trading Commission (CFTC), to work together on crypto oversight to prevent cryptocurrency operators from falling through the cracks of the US’s fragmented regulatory...
Cryptocurrency prices have been collapsing for more than half a year now, so it seems counterintuitive to say that crypto investing is a tool that can create “the first financially successful generation.” Get the Full Story Complete the form to unlock this article and enjoy...
The recent crypto troubles have only added to Office of the Comptroller of the Currency (OCC) Acting Chief Michael Hsu’s resistance to allow lenders to have unrestricted access to digital assets markets, CoinDesk wrote Thursday (June 23). Get the Full Story Complete the form to...
