A former executive at StyleHaul has pleaded guilty to embezzling millions from his former employer. 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,...
Singapore-based BCB Blockchain announced that it has launched a $300,000 fund to support incubators and startup accelerators in the Philippines under the Department of Science and Technology (DOST). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Paris-based Ultra, which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Fidelity Digital Asset Services (FDAS) has been granted a charter by the New York State Department of Financial Services (DFS) under New York Banking Law, allowing it to operate as a limited liability Trust Company as part of the state’s rapidly growing virtual currency marketplace....
Despite previous reports, the Royal Bank of Canada (RBC) is not planning on launching its own digital currency trading platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K.-based banking service platform Cashaa is launching U.S. dollar bank accounts for crypto businesses in partnership with Metropolitan Commercial Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The People’s Bank of China (PBOC) and the Shanghai Municipal Financial Regulatory Bureau have announced that they will be inspecting companies that conduct cryptocurrency trading, token sales, and distributions of tokens from overseas initial coin offerings (ICOs). Get the Full Story Complete the form to...
German cryptocurrency company Karatbars has been ordered to stop doing business after being accused of running a pyramid scheme. 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...
Telegram has submitted a new legal filing requesting that the New York Southern District Court dismiss accusations by the U.S. Securities and Exchange Commission (SEC) that its cryptocurrency is a security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
