Zip Co Ltd, the Australian-based Buy Now, Pay Later (BNPL) firm, wants to give users a chance to trade in cryptocurrencies, a Reuters report says. Zip has said it plans to offer the service in the next year in the U.S. — due to the...
Bitcoin could be on the way back up after a period of decline, CNBC writes. The biggest cryptocurrency was able to boost above $30,000 on Wednesday (July 21), the report says. The price of bitcoin was trading at $32,765, according to numbers from CoinMetrics. Ether...
Securities and Exchange Commission (SEC) Chair Gary Gensler cautioned bankers to take heed regarding the proliferation of synthetic stocks on the blockchain, according to a Wednesday (July 21) speech made before the American Bar Association’s Derivatives and Futures Law Committee. Gensler warned that any business...
With rising reports of crypto fraud, the European Commission (EC) of the European Union (EU) has proposed a rule banning anonymous transactions, according to remarks from EC Executive Vice President Valdis Dombrovskis published on Tuesday, July 20. Per the remarks from Dombrovskis, any crypto transactions...
With bitcoin falling, cryptocurrency prices in general were in the red on Monday (July 19), a report from The Street says. Bitcoin was down 2.9 percent the last time the report checked, with its price sitting at $30,768. Ethereum was at $1,825, down 4.4 percent, and...
Jackson, Tennessee could be the newest city to accept crypto payments, a report from Yahoo says. The city’s mayor, Scott Conger, said the city is looking into the matter and how to adopt such a thing. The city has debuted a new blockchain task force...
SB Northstar, which is an investment arm for SoftBank, has agreed to an investment of $75 million in Bullish, the Block.one subsidiary crypto exchange, CoinDesk writes. Bullish has been valued at $9 billion. The company is set to go public before the year’s end. It...
Binance is working on bolstering its international compliance team, according to a report from the Wall Street Journal (WSJ). This comes at a time where crypto companies and other related ones are facing more regulatory scrutiny. Binance was started in China four years ago by...
Barclays won’t be allowing U.K. customers to transfer funds to Binance, the Financial Times (FT) writes. This comes as the Financial Conduct Authority (FCA) said that digital exchanges weren’t allowed to do crypto business within the U.K., with the idea of keeping users’ money safe....
