Cryptocurrency

Cryptocurrency
Goldman Deals Down-and-Out Crypto Another Blow, Dropping Coinbase to ‘Sell’
June 27, 2022

Brian Armstrong isn’t having a good summer — and it’s only a week old. 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...

Cryptocurrency
French Lawmaker Criticizes Binance Approval
June 27, 2022

A French lawmaker is urging the country’s market regulator to reconsider its “incomprehensible” decision last month to OK the cryptocurrency exchange Binance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
EU Less Likely to Have Battle Over Crypto Regulator
June 27, 2022

In the U.S., the regulatory supervision of crypto assets and crypto assets providers is far from a settled matter. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) share most of the responsibilities when it comes to authorizing the activities of...

Cryptocurrency
Crypto’s Crisis Hasn’t Diminished Its B2B Utility
June 27, 2022

While the markets for cryptocurrency and digital assets are seeing unprecedented volatility and decline, they can look better when you take a longer perspective.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to...
June 26, 2022

With the mass slump in bitcoin making it harder for miners to repay the $4 billion in loans backing their equipment, there could be risks ahead for big crypto lenders, Bloomberg wrote Friday (June 24). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator
June 26, 2022

Sopnendu Mohanty, chief FinTech officer with Singapore’s regulator, is praising the leadership of some big crypto firms — saying several leaders like Binance and Crypto.com are “fully committed” to building a sustainable system to solve problems, Bloomberg reported Saturday (June 25). Get the Full Story...

Cryptocurrency
Report: Goldman Sachs Seeks $2B to Buy Celsius Assets
June 26, 2022

Goldman Sachs is trying to raise $2 billion toward buying the assets of Celsius Network, a distressed crypto lender struggling amid the turmoil in the crypto industry, a Coindesk report said Friday (June 24). Get the Full Story Complete the form to unlock this article...

Cryptocurrency
El Salvador Weekly: Bitcoin Remittances Aren’t Happening; Veterinary Clinic’s Running on Loans
June 24, 2022

The government-issued Chivo digital wallet was supposed to be a way to encourage Salvadorans to adopt bitcoin after the government of President Nayib Bukele made the cryptocurrency legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
US Comptroller Takes a Victory Lap on Crypto
June 24, 2022

It wasn’t exactly an “I told you so,” but Comptroller of the Currency Michael Hsu didn’t mince words either when discussing crypto’s place in the Semiannual Risk Prospective report released Thursday (June 23). Get the Full Story Complete the form to unlock this article and...