In crypto news, the industry is hurrying to respond to concerns by U.S. lawmakers about stablecoins after the UST collapse, Reuters wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The 800-pound gorilla in any conversation about crypto regulation this week was the $45 billion de-pegging and collapse of the TerraUSD stablecoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Barclays analyst Joe Abate says fully collateralized stablecoins might not be any different from algorithmic ones like the collapsed Terra UST coin in terms of risks, Bloomberg reported Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FTX, the second-largest cryptocurrency exchange, is looking to expand “across all asset classes” as it launches a stock trading feature that will accept payments in some stablecoins as well as U.S. dollars. Get the Full Story Complete the form to unlock this article and enjoy...
The spectacular collapse of a top-three stablecoin last week has erased $45 billion and left crypto with a confidence crisis that goes far deeper. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The recent plummeting value of bitcoin hasn’t changed the approach MicroStrategy is taking toward its holdings, according to media reports on Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), has participated in several events this week, reclaiming the position of his agency in the crypto space and suggesting that more enforcement actions are likely. Get the Full Story Complete the form to unlock this...
Senator Cynthia Lummis told an audience at an American Enterprise Institution forum on Tuesday that she is planning to release a long-sought crypto bill for discussion next week — and the formal bill could be introduced in Congress as soon as 30 days afterwards. Get...
Bitcoin dropped under $30,000 in trading on Wednesday (May 18) following traditional markets in retreat, Coindesk wrote. 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...
