Gary Gensler’s comments in an interview Monday (June 27) left little doubt that the power play for regulatory authority over the crypto industry against the Commodity Futures Trading Commission (CFTC) is far from settled. Get the Full Story Complete the form to unlock this article...
In the past few months, a growing number of hedge funds from outside the cryptocurrency industry have been shorting Tether’s UDST, the largest stablecoin, to the tune of hundreds of millions of dollars. The result could be chaos in the cryptocurrency industry, potentially sending bitcoin...
This week, members of the EU Parliament and the European Commission and representatives of the member states will continue the negotiations regarding the scope of the Markets in Crypto Assets regulation (MiCA), according to CoinDesk. Get the Full Story Complete the form to unlock this...
Bored & Hungry, a crypto-themed restaurant based in Los Angeles, won’t be accepting crypto as a form of payment anymore, a report from Investing.com said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The European Union will look into banning crypto platforms from charging interest on stablecoin deposits, said tweets from Patrick Hansen, head of strategy at Unstoppable Finance, a decentralized finance (DeFi) firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When news broke that cryptocurrency billionaire Sam Bankman-Fried was looking into buying Robinhood, shares of the crypto and stock brokerage did something they haven’t done very much in the past year: They jumped. A lot. Get the Full Story Complete the form to unlock this...
With crypto melting down, short sellers have been adding more bets against Tether, the world’s biggest stablecoin, The Wall Street Journal reported Monday (June 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Ravi Menon, managing director of the Monetary Authority of Singapore, has said the recent “bloodbath” in cryptocurrency might end up being a good thing, helping to reset the tables for a more orderly future. Get the Full Story Complete the form to unlock this article...
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