Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal Suspensions

Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal Suspensions
Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal...
July 15, 2022  |  Legal & Regulation

This week in TechREG, state regulators have been very active proposing new regulations and taking enforcement actions. California probed several crypto lenders for suspending withdrawals...

READ MORE >
Market Crash Tests Crypto’s Survival of the Fittest
Market Crash Tests Crypto’s Survival of the Fittest
July 15, 2022  |  Cryptocurrency

When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto...

READ MORE >
Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter 11 Filings
Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter...
July 14, 2022  |  Cryptocurrency

Circle has said it wants to add more transparency to its operations, and has begun to share mint and burn data for its USD Coin...

READ MORE >
NFT Marketplace OpenSea Cuts 20% of Staff
NFT Marketplace OpenSea Cuts 20% of Staff
July 14, 2022  |  Personnel

Non-fungible token (NFT) marketplace OpenSea will lay off 20% of its headcount amid the crypto market downturn, according to a Thursday (July 14) Twitter post...

READ MORE >
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

READ MORE >
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
July 14, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get...

READ MORE >
Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
July 14, 2022  |  Cryptocurrency

When Celsius Network became the second crypto lender to enter bankruptcy Wednesday (July 13) it looked from the surface like the last of the big...

READ MORE >
Plaid Adds Support for Digital Asset Exchanges
Plaid Adds Support for Digital Asset Exchanges
July 14, 2022  |  Banking

Payment processing firm Plaid is now supporting digital asset exchanges and investment platforms to meet the growing number of people using cryptocurrencies. Get the Full...

READ MORE >