Former SEC chair Jay Clayton has warned of new bitcoin regulations possibly coming soon, CoinDesk reports. He said that while the crypto is currently considered a non-security at the SEC, that doesn’t mean it should go without regulations. Clayton, who was speaking as a citizen,...
Blockchain-based payments provider Ripple said it has agreed to acquire 40 percent of Tranglo, a cross-border payments specialist. This partnership will allow San Francisco-based Ripple to meet growing customer demand in Asia, the company said in a press release. As part of the deal, “Tranglo will...
There’s been a lot said, written and pontificated when it comes to collaboration in the financial services business: banks should collaborate with FinTechs, the Federal Reserve should collaborate with banks, and data aggregators should collaborate with everyone. But collaboration is easier said than done in...
Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. The exchange Barra had with...
The news is almost surreal these days. Cryptocurrencies have tripled in value in just one year, and NFTs of childish pixelated images are selling for practically unbelievable sums. While someone buying a simplistic image of the Dogecoin mascot for $69,000 or a pixelated image of...
Patrick Mahomes, one of the biggest NFL players, has launched his own NFT art gallery, CNBC writes. The gallery will be called “The Museum of Mahomes,” the 25-year-old athlete said on a recent CNBC interview, and will launch March 17, through the digital arts marketplace...
Bitcoin’s prices keep rising as the cryptocurrency has now hit a new record of $60,000, BBC reported, with a total market value of $1 trillion as of last month. Bitcoin has seen its value almost triple since the end of 2020, powered by several big-name...
These are heady times indeed for bitcoin and its peers. Everyone from Elon Musk to Rob Gronkowski is in the game. Volatility reigns. It’s a market where $50,000 once seemed to be a mythical price level. Seems like just a minute ago that price was...
Institutional crypto trading platform FalconX has raised $50 million, valuing it at $675 million, Bloomberg reported. The platform processes about $6 billion in cryptocurrency per month and has seen “significant” revenue growth as institutional activity has surged in recent months. Investors include Tiger Global Management...
