The Bank of England wants stablecoins to be governed by the same regulations as other payments handled by banks if and when they become widely used. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China has blocked cryptocurrency and decentralized finance (DeFi) accounts and influencers from Sina Weibo, which is the Chinese equivalent of Twitter, The Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Chinese authorities increasingly are limiting the ways technology companies in the country are allowed to operate, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg reported. 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,...
In the end, the ultimate fate of cryptos – where they trade, how they’re used, maybe even who can use them – may be left up to a hodgepodge of acronyms, a jumble of letters, an alphabet soup. Get the Full Story Complete the form...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...
In written testimony to the U.S. House Appropriations Committee, Gary Gensler, new chair of the Securities and Exchange Commission (SEC), said stronger investor protections are needed as the number of initial public offerings (IPOs) and special purpose acquisition companies (SPACs) escalates. Get the Full Story...
Lobbyists from Facebook and Google are petitioning U.K. officials in an effort to block the possible appointment of Paul Dacre as chairman of the Office of Communications (Ofcom), Bloomberg reported on Tuesday (May 25), citing sources. Get the Full Story Complete the form to unlock...
The German Federal Cartel Office — Bundeskartellamt — is looking into Google’s market power to determine if the search giant should be held to new digital competition mandates, according to a Tuesday (May 25) press release. Get the Full Story Complete the form to unlock this article and...