Michael Cembalest, J.P. Morgan Asset Management chairman of market and investment strategy, said bitcoin’s valuations are “the stuff that dreams are made of” — and he didn’t mean it as a compliment, CoinDesk reported Friday (Feb. 4). Get the Full Story Complete the form to...
The military government of Myanmar is working on establishing a digital currency that would “support domestic payments and boost the economy” by the end of this year, a top spokesman of the State Administration Council told Bloomberg Friday (Feb. 4). Get the Full Story Complete...
The United Kingdom’s tax agency has updated its rules on how to tax revenue from decentralized finance (DeFi) lending and staking in proof-of-stake networks, the mechanism used to validate cryptocurrency transactions Get the Full Story Complete the form to unlock this article and enjoy unlimited...
During January’s intense cryptocurrency selloff, volumes also fell, which is an ill omen for exchanges trading the digital currencies, Bloomberg reported Thursday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
FTX has acquired Japanese cryptocurrency exchange Liquid Group in a move to help Japanese customers through its new subsidiary, according to a CoinDesk report Wednesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Hester Peirce, the crypto-friendly commissioner on the U.S. Securities and Exchange Commission (SEC), is warning that a proposal from the agency would not only add another layer of oversight to trade government securities, but could also give regulators more power to examine digital-asset platforms, Bloomberg...
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With its decision this week to spend $200 million to buy the assets of the Diem Association’s largely launch-ready stablecoin, Silvergate Bank has the potential to become a serious competitor to the likes of Tether’s USDT and Circle’s USD Coin stablecoins overnight. Get the Full...
South Africa’s Financial Sector Conduct Authority (FSCA) is warning cryptocurrency traders to be “cautious and vigilant” when using FTX Trading Ltd., which is among the fastest-growing crypto exchanges in the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
