Banking and investment giant Goldman Sachs has issued its first cash loan secured by cryptocurrency, signaling the entry of a traditional financial institution into a field that has generally been the purview of decentralized finance, or DeFi. Get the Full Story Complete the form to...
Officials at the U.S. Department of Labor are warning that a plan by Fidelity Investments that lets investors put bitcoin into their 401(k) plans puts retirement accounts at risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Ethereum wallet Argent has concluded a Series B round in order to help further its mission to build one app for everything involved with decentralized finance (DeFi) and Web3, according to a Tech Funding News report Thursday (April 28). Get the Full Story Complete the...
The need for stablecoins to be interoperable with each other and a potential digital dollar is too important to be left either to government regulators or to cryptocurrency developers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Crypto mortgages have become a new example of the digital divide when it comes to how digital assets are used in the U.S. real estate market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
An alleged shadow banker for cryptocurrency exchanges is facing up to 90 years in jail after pleading guilty to bank fraud, bank fraud conspiracy and operation of an unlicensed money transmitting business. Get the Full Story Complete the form to unlock this article and enjoy...
Despite a number of recent high-profile thefts targeted cryptocurrency projects, investors haven’t been scared away from the sector. 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...
Payments credit union service organization PSCU announced Wednesday (April 27) that it is debuting a new cryptocurrency microsite, which will be “targeted and specifically curated” for credit unions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Nikhil Rathi, the Head of the U.K.’s Financial Conduct Authority (FCA), gave a speech at City Week 2022 on April 26, in which he stressed the importance of supporting innovation to encourage the U.K.’s economic growth and its international competitiveness. For Rathi, this means continuing...