Cryptocurrency

Cryptocurrency
Law Firm Teams Up With Crypto Exchange to Accept Crypto
March 03, 2022

A few days ago, Gunnercooke, a U.K. law firm, announced that it will accept crypto assets as payment for legal and professional services, becoming, arguably, the first law firm in the U.K. to do that. We spoke to FinTech & Financial Services Partner James Burnie...

Cryptocurrency
Fed Chairman, US Reps Call for Crypto Regs to Stop Russia From Avoiding Sanctions
March 03, 2022

Federal Reserve Chairman Jerome Powell called on Congress for swift action on cryptocurrency regulation Wednesday (March 2)  as Russia attempts to  evades sanctions, CoinTelegraph.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
EU Eyes Tougher Measures to Block Crypto Use to Circumvent Sanctions
March 02, 2022

The EU will be looking at new ways to make sure digital assets aren’t used to dodge sanctions against Russia, a Financial Times report said Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Today in Crypto: Crypto Market Cap Passes $2T as Bitcoin Nears $45,000; Smaller Investors Propel...
March 02, 2022

With a broad run in the digital asset market and bitcoin at almost $45,000, the total market cap for cryptocurrency is now over $2 trillion, Coindesk reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
CFTC Nominees Urge Lawmakers to Give Agency More Crypto Oversight
March 02, 2022

The four nominees from President Joe Biden to join the Commodity Futures Trading Commission (CFTC) have told lawmakers that they think there needs to be more powers to regulate crypto, Bloomberg wrote Wednesday (March 2). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Senators Ask Treasury to Probe if Russia Can Use Crypto to Get Around Sanctions
March 02, 2022

Four Democratic U.S. senators Wednesday requested Treasury Secretary Janet L. Yellen explain how her department plans to get cryptocurrency companies to enforce economic sanctions on Russia, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
When It Comes to Accepting Crypto in Payment, Taxes Are Very Taxing
March 02, 2022

For a business of any size, the decision to accept payment in cryptocurrencies like bitcoin is a fraught one. Issues like price volatility and custody have kept crypto payments a fairly small niche. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
LendingClub CEO Cautious About Crypto
March 02, 2022

The CEO of LendingClub said his company is hesitant about embracing cryptocurrency, focusing instead on a bank acquisition and more traditional financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
EU Crypto Asset Rules Make Euro Stablecoins Unprofitable
March 02, 2022

For European investors, bitcoin exchange operators and decentralized finance networks wondering when cryptocurrency regulations will be implemented, it could as early as next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...