Jamie Dimon, chairman and CEO of J.P. Morgan Chase, said he believes that it’s time for cryptocurrency oversight and told the Investment Company Institute (ICI) that a managerial framework should be instituted, etf.com reported. Get the Full Story Complete the form to unlock this article...
After getting numerous requests from customers, Citigroup is looking into the rollout of services to support cryptocurrency, Financial Times (FT) reported on Friday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
We’re seeing it in earnings reports and in a slew of announcements that are coming over the wires, as they say, in press releases and blogs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The National Payments Corporation of India (NPCI), which is an umbrella body for retail payments, won’t be blocking cryptocurrency trades, Inc42 reported. Instead, it plans to leave the decision up to individual banks, letting them determine their own level of risk. Get the Full Story...
Securities and Exchange Commission (SEC) Chairman Gary Gensler said he thinks the cryptocurrency market, now worth $2 trillion, needs more regulation, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Kazakhstan is the latest country to potentially consider a central bank digital currency (CBDC), according to Coindesk Thursday (May 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K. FinTech Revolut has added capabilities that give users the power to transfer funds from bitcoin holdings to their own digital wallets, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Digital insurance platform and pay-per-mile auto insurer Metromile will be allowing policyholders to pay premiums and receive claim payouts in bitcoin, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
We’re in rarefied territory when the price of anything that is traded – on Wall Street, on exchanges, on eCommerce platforms, heck, even tulips of manias past – spike by double-digit percentages, with regularity. It used to be bitcoin, and now it’s a joke coin....
