Cryptocurrency

Cryptocurrency
Today in Crypto: U.S. Treasury Probes the Exchange Kraken Over Iran Sanctions; Central African Republic’s...
July 26, 2022

Some U.S. senators are trying to make it simpler for U.S. citizens to track taxes when buying or selling crypto with a new bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
July 26, 2022

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, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
July 26, 2022

A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
SEC Turns Up the Heat on Coinbase
July 26, 2022

Less than a week after the U.S. Department of Justice (DOJ) hit a former Coinbase manager and two associates with insider trading charges, the U.S. Securities and Exchange Commission (SEC) is turning up the heat on Coinbase after the exchange added more tokens for trading....

Cryptocurrency
Today in Crypto: Bitcoin Dips 3.5% Ahead of Expected Fed Rate Hike; Mexican Exchange Bitso...
July 25, 2022

Despite the Chicago Board of Options Exchange’s volatility index showing a lack of investor anxiety ahead of the Federal Reserve rate increase, bitcoin was down 3.5% in the 24 hours leading up to Monday (July 25) afternoon. Get the Full Story Complete the form to...

Cryptocurrency
Report: House Stablecoin Bill Put on Hold
July 25, 2022

U.S. lawmakers have put a bill designed to deal with the risks posed by stablecoins on hold, likely for the rest of the summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Will Rising Interest Rates Damage Stablecoins?
July 25, 2022

By and large, stablecoins get used the most for crypto trading — and at least until recently, they’ve also been seen as a good way to park your funds in between trades if you don’t want too much risk exposure. Get the Full Story Complete...

Cryptocurrency
Crypto Firms Tell Hackers to Keep Some of What They Steal
July 25, 2022

Cryptocurrency platforms that have been the victim of thefts are telling their attackers to keep some of the stolen digital assets and give back the rest, as the platforms face millions of dollars in losses. Victims have offered as much as $10 million, similar to...

Cryptocurrency
Voyager: Bankman-Fried, Crypto’s ‘White Knight,’ Is Flying a False Banner
July 25, 2022

An offer by Sam Bankman-Fried’s FTX cryptocurrency exchange to give customers of bankrupt crypto lender Voyager Digital early access to their funds is really a “low-ball bid dressed up as a white knight rescue” that would cost them money in the long run, the firm’s...