The number of Canadians owning crypto assets is growing fast, requiring regulation, especially as people might not understant the risks of investing in things like bitcoin, a Bank of Canada official told Reuters. Get the Full Story Complete the form to unlock this article and...
Kenyan and Nigerian central bankers have said central bank digital currencies (CBDCs) could solve the risks cryptocurrencies have for financial stability, Reuters wrote Saturday (June 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Abra, the digital asset financial services company, has announced a new crypto rewards card to transact in U.S. dollars, offering crypto back, a press release said Friday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The decision of whether to pay ransomware hackers to release encrypted information got tougher in March when President Joe Biden signed into law that “strongly advises” companies to report ransomware attacks to the Department of Homeland Security. Get the Full Story Complete the form to...
In late May, venture capital (VC) giant Andresseen Horowitz raised $4.5 billion for a new fund to invest in crypto startups, almost a third more than in all of its three previous rounds. Binance Labs, the investment arm of the top global cryptocurrency exchange Binance,...
Coinbase will invest in Southeast Asian crypto exchange Zipmex rather than fully buying it, The Block Crypto reported Thursday (June 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The U.S. Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor protection regulations, a report from Bloomberg said Thursday (June 9). Get the Full Story Complete the form to unlock this article and...
A shakeout is coming to the roughly 19,000 cryptocurrencies battling for a piece of the blockchain pie, according to industry insiders like Ripple CEO Brad Garlinghouse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Mastercard and Mercado Libre announced Wednesday (June 8) that they are working together to make Mercado Libre’s crypto program in Brazil more secure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...