The Swiss Financial Market Supervisory Authority (FINMA) is aiming to boost innovation in cryptocurrency and distributed ledger technology (DLT), by easing some of the existing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cryptocurrency exchange ErisX announced that it has raised $27.5 million from investors, including Fidelity Investments and Nasdaq Ventures. The exchange is set to launch next year, pending regulatory approval. The funding will be used to hire staff, “build out our infrastructure and secure the appropriate...
KuCoin, a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The platform now supports trading through eight pairs, including Ethereum, bitcoin, Tether, USD Coin, NEO, TrueUSD, Paxos Standard Token and KuCoin Shares. The...
Bitcoin just had its worst month in seven years, dropping nearly $2,400 in price. 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 daily newsletter, PYMNTS...
Blockchain startup AriseBank’s CEO is facing up to 120 years in prison for misleading investors in a crypto scam. According to The Next Web, Jared Rice defrauded investors out of $4 million after he claimed the company would become the “first decentralized banking platform” — offering FDIC-insured...
The Nasdaq is planning to launch bitcoin futures as early as next year through a partnership with VanEck. 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...
The UK’s Financial Conduct Authority (FCA) revealed that it has launched investigations into 50 cryptocurrency companies over unlicensed operations. 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...
A New York woman has pleaded guilty and faces up to 20 years in prison for helping ISIS by carrying out an elaborate scam involving bank fraud, cryptocurrencies and money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ohio is leading the charge in terms of accepting bitcoin as a payment method, as it is the first state to accept bitcoin to cover tax bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
