PYMNTS-MonitorEdge-May-2024

Crypto Regulations

Tether Adapts as Coinbase Prepares to Delist Non-MiCA-Compliant Coins
Tether Adapts as Coinbase Prepares to Delist Non-MiCA-Compliant Coins
October 06, 2024  |  Cryptocurrency

Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News,...

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Coinbase to Continue Spending to Influence US and Global Policy
Coinbase to Continue Spending to Influence US and Global Policy
September 04, 2024  |  Cryptocurrency

Coinbase reportedly plans to continue its “elevated policy spend” through the U.S. presidential election and beyond. Beyond the U.S. election, the cryptocurrency exchange will continue...

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Fed Action Against Customers Bank Underscores Crypto’s Challenges
Fed Action Against Customers Bank Underscores Crypto’s Challenges
August 12, 2024  |  Cryptocurrency

Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers...

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Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
August 09, 2024  |  Cryptocurrency

One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and...

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Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
July 17, 2024  |  Blockchain

Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized...

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Payments, Penalties and TradFi Adoption Define This Week in Web3
Payments, Penalties and TradFi Adoption Define This Week in Web3
July 10, 2024  |  Blockchain

Crypto is as crypto does. And crypto is, by all appearances, trying to do better. The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA)...

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US House to Vote on Crypto Bill
US House to Vote on Crypto Bill
May 10, 2024  |  Cryptocurrency

A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said...

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Nigeria Still Holding Binance Execs Amid Crypto Crisis
Nigeria Still Holding Binance Execs Amid Crypto Crisis
March 12, 2024  |  Cryptocurrency

Nigeria is still reportedly holding two Binance executives as it deals with a currency crisis. As The Wall Street Journal reported Tuesday (March 11), the detentions are happening as...

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JPMorgan Raises Concerns About Tether’s Compliance, Transparency
JPMorgan Raises Concerns About Tether’s Compliance, Transparency
February 01, 2024  |  Cryptocurrency

Tether is making headlines in the cryptocurrency market as its USDT token approaches $100 billion in market capitalization, the largest on the market.  While this milestone signifies Tether’s...

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