BNPL users have relatively few financial safety nets in place should they run into difficulties managing their obligations. That’s an if and not a when,...
Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. As reported here, Silvergate Capital said in a U.S. Securities...
It may be the equivalent of a digital fire sale. Non-fungible tokens (NFTs) have seen volatility similar to that in bitcoin and other digital holdings....
The CE 100 slipped 4.2%, as the “Eat” sector helped lead all pillars lower, down 7.3% And within that group, earnings continued to roll in....
The House Financial Services Committee chairman, U.S. Rep. Patrick McHenry, has introduced a financial data privacy bill. The North Carolina Republican introduced the Data Privacy Act of 2023 Friday (Feb....
China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector. The FinTech contributed $145 million to its affiliate Alibaba’s earnings,...
Gary Gensler’s 2023 resolution must have been to reign in the crypto industry. This, as the U.S. Securities and Exchange Commission (SEC) chairman has issued...
Coinbase is focused on controlling what can be controlled and contingency planning for what can’t. This, as a year full of idiosyncratic events, battered the crypto...