Back in late 2018, something interesting happened when cryptocurrency exchange Coinbase listed a new decentralized finance (DeFi) token called 0x: It jumped from $0.65 to $1.08, and the Coinbase Effect was born. Get the Full Story Complete the form to unlock this article and enjoy...
PayPal is adding several new members to its cross-disciplinary advisory council on Blockchain, Crypto and Digital Currencies (BCDC). 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...
Today’s stablecoin hearing in front of the House Financial Services Committee wasn’t about stablecoins, per se, but rather the administration’s recent report on how to deal with them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Heading into an important hearing later Tuesday morning (Feb. 8) by the House Financial Services Committee about the President’s Working Group on Financial Services recent stablecoin report, the Federal Reserve Bank of New York came out with a paper calling the dollar-pegged cryptocurrencies unnecessary and...
A federal law enforcement network has identified a surge of suspicious activity from San Francisco financial firms, including some of the world’s leading cryptocurrency trading platforms, according to a new report based on federal data. Get the Full Story Complete the form to unlock this...
The U.S. House Committee on Financial Services holds a hearing on Tuesday 8 with only one witness, Nellie Liang, Under Secretary for Domestic Finance at the U.S. Department of the Treasury, who will recommend that the House pass new legislation to regulate stablecoins due to...
Researchers with the Federal Bank of New York have said stablecoins are not likely to be the future of payments, CoinDesk reported Monday (Feb. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Solidus Labs, Coinbase and several other big names in crypto announced Monday (Feb. 7) that they are forming a Crypto Market Integrity Coalition (CMIC) to work towards a future with safer markets. Get the Full Story Complete the form to unlock this article and enjoy...
North Korea has reportedly used stolen crypto funds to help fund its missile development program, according to a Reuters report Monday (Feb. 7), which cited a report from the United Nations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
