August 09, 2022
Crypto Exchange CoinFlex Seeks Restructuring, Cuts Staff, Costs up to...
CoinFLEX has announced its plans for restructuring in the wake of legal troubles, halted withdrawals and money losses, a company blog post said. The company had to address a problem...
August 09, 2022
Today in Crypto: Germany’s Exchange Nuri Files for Insolvency; Reserve...
Jenny Johnson, CEO of money management giant Franklin Templeton, said in a Bloomberg interview that bitcoin is “the greatest distraction from the greatest disruption I see happening to financial services...
August 09, 2022
With Tornado Cash Sanctions, Feds Seek to Lift Crypto’s Veil...
In sanctioning what it called the “notorious virtual currency mixer Tornado Cash” on Monday (Aug. 8), the Treasury Department kicked off what could be the beginning of a more aggressive...
August 09, 2022
PYMNTS Cryptocurrency Glossary: Regulations, Legal and Crime
Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in part, because it was created...
August 08, 2022
PYMNTS Cryptocurrency Glossary: The Basics
Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in part, because it was created...
August 08, 2022
EMEA Daily: UAE Money Laundering Watchdog to Crack Down on...
Today in Europe the Middle East and Africa (EMEA), the United Arab Emirates (UAE) is cracking down on money laundering by requiring estate agents to report payments made in crypto...
August 08, 2022
CBDC Weekly: ECB Sees a ‘Holy Grail’; Thailand, Nepal Push...
A digital euro could be the “Holy Grail” of cross-border payments, according to a recent report by the European Central Bank. A European central bank digital currency (CBDC) would present...
August 08, 2022
Former Federal Prosecutor: Crypto Regulation Bill ‘Still Pretty Vague’
Former federal prosecutor Grant Fondo has said legislation that aims to provide clarity on which U.S. agency should be in charge of crypto regulation isn’t getting the job done yet....
August 08, 2022
Singapore-Based Crypto Lender Freezes Withdrawals as Stablecoin Contagion Grows
Yet another crypto lender announced that it has frozen withdrawals, leaving customers potentially facing steep losses. While details are scant, the Singapore-based lending platform Hodlnaut may have had exposure to...