August 18, 2022
Crypto.com Gets UK Regulatory Approval

Singapore-based cryptocurrency platform Crypto.com has registered with Britain’s financial services regulator, the company said in a statement on Wednesday. Joining the Financial Conduct Authority’s (FCA) register means that Crypto.com has...

August 17, 2022
Toomey: FDIC ‘Improperly’ Restricting Crypto Trading Amid Broader U.S. Crackdown

A clash may be coming between congressional Republicans and federal banking regulators over the treatment of cryptocurrency businesses. On Tuesday (Aug. 17) Sen. Pat Toomey (R-Pa.), the top Republican on...

August 16, 2022
Fed Offers Crypto Banks Path to Global Payments Rails

The Federal Reserve has opened a path for crypto banks and stablecoin issuers to gain access to master accounts that would bring access to the global payments system. On Tuesday...

August 15, 2022
PYMNTS Cryptocurrency Glossary: Central Bank Digital Currency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in part because it was created...

August 15, 2022
Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern

Another unbacked stablecoin collapsed this weekend, this time after a hacker was able to mint a staggering $1.28 billion worth of the dollar-pegged token. The Acala Dollar (aUSD) collapsed from...

August 15, 2022
PYMNTS Intelligence: Why Data Security Is Key to Consumer Trust...

The accelerated digital transition that accompanied the pandemic has contributed to greater reliance on digital banking tools. While 48% of surveyed consumers still use branches, just 11% say branches are their...

August 15, 2022
Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions

Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants big and small, online and in-store, who want to accept...

August 12, 2022
Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers

The arrest of a Tornado Cash developer in the Netherlands just days after U.S. authorities blacklisted the crypto mixing service for its alleged use by North Korean hackers could have...

August 11, 2022
Elliptic: Cross-Chain Payments Bridges Are DeFi’s Next Big AML Battleground

In case you thought the biggest problem with cross-chain bridges used to make payments between blockchains was that they are fantastically vulnerable to hackers, with a staggering $1.3 billion stolen...