Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly results, announced Thursday (Feb. 15), highlight that the famously volatile digital asset sector could, once...
Stablecoins need more regulation. Stablecoins might, in some cases, cause runs. And as government officials and financial institutions (through the Bank for International Settlements) sound some alarms about stablecoins, it remains to be seen whether the digital holdings will satisfy some of the key use...
Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose company mints the USD Coin stablecoin, said Monday (Jan. 15) he thinks there is a “very good chance” U.S. lawmakers...
Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), according to a Thursday (Jan. 11) press release. The number of shares to be...
February 16, 2024
Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly results, announced Thursday (Feb. 15), highlight that the famously volatile digital asset sector could, once again, be on the upswing. The company’s fourth-quarter revenue beat […]
May 19, 2023
To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have no choice but to rely...
December 19, 2022
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own...
October 05, 2022
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the...
April 29, 2024
Circle’s USDC coin has begun to exceed Tether in terms of stablecoin transaction volume. That’s according to Visa’s new stablecoin transaction metric, created with Allium Labs to “remove potential distortions that can arise from inorganic activity and other artificial inflationary practices,” as the company said on its website. The findings were reported Monday (April 29) by Bloomberg News, which notes they go against […]
January 15, 2024
Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose company mints the USD Coin...
January 11, 2024
Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the U.S. Securities and Exchange Commission...
January 10, 2024
The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital investment in the crypto industry...
