If there’s one message about the need to regulate stablecoins that emerges from a report issued today by the Financial Stability Board on the growing threat cryptocurrencies pose to the global financial system, it is this: Time to get a move on, people. Get the...
Congressman Josh Gottheimer released on Tuesday, Feb. 15 a draft of the Stablecoin Innovation and Protection Act of 2022, a piece of legislation that aims to define stablecoins and to offer a legal framework where stablecoin issuers could operate. Get the Full Story Complete...
Crypto assets are quickly evolving, and their scale could reach a point where they would pose a great risk to global financial stability, the Financial Stability Board (FSB) said on Wednesday (Feb. 16). Get the Full Story Complete the form to unlock this article and...
Congress has been looking into crypto in a different way lately, as around eight lawmakers, or their immediate family, have traded them in the last year, CNBC reported Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Binance Smart Chain (BSC), which is the base blockchain for Binance, is rebranding itself and looking at expanding, according to a CoinDesk report Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Securities and Exchange Commission is looking into the relationship the U.S. arm of Binance has with two trading firms which have connections to Binance’s founder, The Wall Street Journal reported Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article...
UBS, Switzerland’s largest bank, said in its own report that it expects United States’ lawmakers to take a while before Congress passes cryptocurrency legislation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Cryptocurrency transactions became a surprising casualty of Canada’s Emergencies Act, invoked for the first time in Canada’s history by the country’s Prime Minister Justin Trudeau in response to the Freedom Convoy truckers protesting vaccine mandates in order to cross borders. Get the Full Story Complete...
Russian government officials failed to reach consensus Tuesday (Feb. 15) on how to regulate cryptocurrencies, sources told Bloomberg. 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...