Cryptocurrency

Cryptocurrency
Dubai Wants Crypto Companies to Warn Customers of Risks
September 26, 2024

Dubai’s cryptocurrency regulator reportedly wants companies to warn customers of the risks of digital currencies. The Virtual Assets Regulatory Authority (VARA) updated its guidelines and will require companies that want to market crypto in the United Arab Emirates to include a new and “prominent” disclaimer...

Cryptocurrency
PayPal Business Account Holders Can Buy, Hold, Sell Crypto
September 25, 2024

PayPal Holdings now enables U.S. merchants — except those in New York State — to buy, hold and sell cryptocurrency directly from their PayPal business accounts. The company also now enables PayPal business account holders to send and receive supported cryptocurrency tokens to and from...

Cryptocurrency
Coinbase Tells Appeals Court It Seeks Regulatory Clarity From SEC
September 23, 2024

Coinbase Global addressed a federal appeals court Monday (Sept. 23), aiming to force the Securities and Exchange Commission (SEC) to create new rules for digital assets. The cryptocurrency exchange sued the SEC last year after the regulator denied its petition for a new rulemaking, seeking...

Cryptocurrency
Stablecoins Surge in Prominence and Utility Across FinTech Ecosystem
September 23, 2024

You are the company you keep. And that old adage is good news for stablecoins, the digital currencies pegged to traditional fiat currencies like the U.S. dollar, which have been gaining traction in recent years — in large part because, by being tied to fiat...

Cryptocurrency
Dogs vs. Cats: Dogecoin, Shiba Inu Memecoins Have Competition at Crypto Food Bowl
September 20, 2024

In the world of cryptocurrency, the latest lineup of memecoins — POPCAT, MEW, MOG and CAT — has taken the stage with all the grace of a cat leaping onto a windowsill. After the Federal Reserve cut interest rates by 0.5% Wednesday (Sept. 18), these...

Cryptocurrency
Trump Backs Crypto Venture World Liberty Financial
September 17, 2024

Former President Donald Trump is getting into the cryptocurrency business. Weeks before an election that could return the Republican mogul to the White House, Trump hosted a livestream promoting a crypto company called World Liberty Financial. “Crypto is one of those things we have to...

Cryptocurrency
Chainalysis: India Leads Crypto Adoption Despite Regulatory Pressure
September 15, 2024

Efforts to regulate the cryptocurrency sector have not hurt India’s adoption of the digital currency. In fact, the country now leads the world on the 2024 “Global Adoption Index” from blockchain research firm Chainalysis.  “Last year, we noted that India remained a top global cryptocurrency...

Cryptocurrency
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
September 15, 2024

FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed to judgment” after FTX’s implosion and that fair-trial principles were wiped out in a “sentence first-verdict afterwards tsunami,” Bloomberg News...

Cryptocurrency
eToro Pares Down Crypto Biz in $1.5 Million SEC Settlement
September 12, 2024

Cryptocurrency trading platform eToro has agreed to pay a $1.5 million government settlement. As the U.S. Securities and Exchange Commission (SEC) announced Thursday (Sept. 12), the settlement stems from charges that eToro’s platform operated an unregistered broker and clearing agency, facilitating the buying and selling of certain crypto assets...