Cryptocurrency

Cryptocurrency
Unstable Stablecoins Clear Path for Banks to Step In
November 15, 2022

The cryptocurrency-flameouts this week have revealed hard truths about privately-issued stablecoins: They’re anything but stable. They’re no safe haven from turmoil. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
FTX Faces 1M Creditors as Investigators Close In
November 15, 2022

The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation and could leave the company dealing with more than one million creditors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Turkey Probes FTX’s Local Crypto Business and Ties
November 14, 2022

Turkey has joined the many jurisdictions around the world that are investigating crypto exchange FTX after its collapse.  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...

Cryptocurrency
Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
November 14, 2022

The aftershocks of the once-popular crypto exchange FTX’s recent and rapid demise last week continue to reverberate throughout the crypto and VC industries, rattling investor confidence and perceptions of stability across the sector. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Bankman-Fried’s Grand Charitable Announcements Don’t Turn Into Grants
November 14, 2022

The spectacular flameout of FTX and its Founder and CEO Sam Bankman-Fried has ripple effects that extend well beyond the confines of crypto trading and will likely impact philanthropy — and specifically, the “effective altruism” thesis that Bankman-Fried highlighted as the FTX corporate ethos. Get...

Cryptocurrency
BaFin Head: Crypto Regulation Needs to Be Global
November 14, 2022

If crypto assets want to be embraced by the mainstream finance world, they need to be regulated the same way as mainstream financial products, Germany’s chief regulator said Monday (Nov. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
FTX Japan Gauges Whether Customers Can Get Refunds
November 14, 2022

The Japanese arm of collapsed cryptocurrency exchange FTX is trying to determine whether the company’s recent bankruptcy will affect its ability to refund digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Binance CEO Vows to Start Crypto Rescue Fund
November 14, 2022

With his industry still reeling from the collapse of cryptocurrency exchange FTX, the CEO of Binance is pledging to set up a crypto recovery fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Sam Bankman-Fried, FTX and the Demise of the Cool Kids
November 14, 2022

Investors with money sitting on the sidelines, listen up. 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, PYMNTS Today. By completing this form,...