Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Crypto Layoffs Hit Compliance Departments

Crypto Layoffs Hit Compliance Departments
Crypto Layoffs Hit Compliance Departments
July 19, 2022  |  Cryptocurrency

With the crypto industry reeling from huge price drops, a number of companies have begun laying off staff, including in their risk and compliance departments....

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FBI Warns Fake Crypto Apps Robbed Investors of Millions
FBI Warns Fake Crypto Apps Robbed Investors of Millions
July 19, 2022  |  Security & Fraud

The FBI is warning investors and financial institutions (FIs) that fraudulent cryptocurrency apps tricked 244 victims out of $42.7 million between October 2021 and May...

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US Treasury’s Liang Offers Path for Nonbank Stablecoins
US Treasury’s Liang Offers Path for Nonbank Stablecoins
July 18, 2022  |  Cryptocurrency

Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, thinks it would be OK for nonbanks to issue stablecoins, Coindesk reported Monday (July 18)....

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Today in Crypto: Retail Investors May Shoulder Celsius’ Bankruptcy; Altcoins Outperform Bitcoin as Investors Return
Today in Crypto: Retail Investors May Shoulder Celsius’ Bankruptcy; Altcoins Outperform Bitcoin as Investors Return
July 18, 2022  |  Cryptocurrency

After months of chaos and volatility, the crypto market may be seeing a minor light at the end of the tunnel, as the prices of...

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Southland Credit Union Teams With NYDIG on Mobile Crypto Trading
Southland Credit Union Teams With NYDIG on Mobile Crypto Trading
July 18, 2022  |  Cryptocurrency

Southland Credit Union on Monday (July 18) teamed up with bitcoin platform NYDIG to become the second credit union in Southern California to offer cryptocurrency...

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Lawmaker: Stablecoin Bill Could Bypass Regulators
Lawmaker: Stablecoin Bill Could Bypass Regulators
July 18, 2022  |  Cryptocurrency

A member of the House Financial Services Committee said lawmakers could overrule U.S. regulators who want stablecoins to be governed solely by banks. Get the...

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Meow Raises $22M in Series A Funding Round
Meow Raises $22M in Series A Funding Round
July 18, 2022  |  Investments

Crypto corporate treasury firm Meow raised $22 million in a Series A funding round led by Tiger Global, with participation from QED Investors, FTX and others, as...

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Lessons From the Crypto Market Pullback 
Lessons From the Crypto Market Pullback 
July 18, 2022  |  Opinion

Kim Grauer, head of research at Chainalysis, writes in the PYMNTS eBook “Baseline 2022: What the Next Six Months Holds” that the crypto industry has...

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Dutch Central Bank Hits Binance With $3.37M Fine
Dutch Central Bank Hits Binance With $3.37M Fine
July 18, 2022  |  Cryptocurrency

The world’s largest cryptocurrency exchange, Binance, was hit with a $3.37 million fine by the Dutch Central Bank for offering services without obtaining the proper registration....

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