U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Bitcoin dropped below $26,500 Thursday morning (May 12), giving up all its 2021 gains in the wake of a market-wide collapse that saw nearly all the top 100 cryptocurrencies drop 20% to 35% overnight. Get the Full Story Complete the form to unlock this article...
On Thursday (May 12), Pablo Hernández de Cos, chair of the Basel Committee on Banking Supervision and governor of the Bank of Spain, warned that fast-paced developments in decentralized finance (DeFi) and crypto assets necessitate a proactive and forward-looking regulatory and supervisory approach. Get the...
Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over the course of this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Superscript has become the first broker from Lloyd’s of London to roll out a product to help Distributed Ledger Technology (DLT), digital asset and blockchain businesses, according to a company blog post Wednesday (May 11). Get the Full Story Complete the form to unlock this...
Regulators and central bankers around the world have long had stablecoins in their sites as a potential threat to financial security, their control over economies and the use of their national fiat currencies for retail payments. Get the Full Story Complete the form to unlock...
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Here’s a pretty fair rule of thumb about quarterly earnings reports: When a company leads with the line from your initial offering prospectus that tells investors “You can expect volatility in our financials,” good news will not follow. Get the Full Story Complete the form...
Crypto assets have lost almost $800 billion in market value in the past month, a report said. 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...
