PYMNTS-MonitorEdge-May-2024

digital assets

Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally
Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally
April 16, 2024  |  Personnel

Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff.  The turnaround at the...

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UK Plans Stablecoin, Crypto Staking Legislation For Summer
UK Plans Stablecoin, Crypto Staking Legislation For Summer
April 15, 2024  |  Cryptocurrency

The British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody.  “We are now working at pace to deliver the legislation to put...

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EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges
EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges
April 10, 2024  |  Cryptocurrency

Ten cryptocurrency exchanges account for 90% of the market’s trading. And that concentration could be a problem, according to a report issued Wednesday (April 10) by...

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Treasury: ‘Malign Actors’ Use Crypto to Get Around Regulators
Treasury: ‘Malign Actors’ Use Crypto to Get Around Regulators
April 10, 2024  |  Cryptocurrency

Cryptocurrency is increasingly becoming a safe haven for “malign actors” such as terror groups. That’s according to testimony Tuesday (April 9) by U.S. Treasury Deputy...

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Keytom Launches Digital Asset-Focused Neobank
Keytom Launches Digital Asset-Focused Neobank
April 09, 2024  |  Cryptocurrency

Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial...

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Singapore Licenses Crypto Platform GSR Markets
Singapore Licenses Crypto Platform GSR Markets
April 04, 2024  |  Cryptocurrency

Regulators in Singapore have given a license to cryptocurrency market maker GSR Markets. As Bloomberg News noted in a report late Wednesday (April 3), the move is a...

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Messaging Platform Telegram Pivots to Crypto Payments for Ads 
Messaging Platform Telegram Pivots to Crypto Payments for Ads 
April 03, 2024  |  Cryptocurrency

Throughout nearly their entire history, cryptocurrencies have represented the archetypal innovation in search of a problem. And while they’ve succeeded as an unregulated store of value, as...

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BitMart Taps Banxa to Help Build Ecosystem for Native Crypto Token
BitMart Taps Banxa to Help Build Ecosystem for Native Crypto Token
April 02, 2024  |  Cryptocurrency

Digital assets trading platform BitMart has deepened its collaboration with cryptocurrency payment infrastructure provider Banxa to build the ecosystem for BMX, BitMart’s native token. Together, BitMart and Banxa will...

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Lockchain.ai Debuts Blockchain Risk Management Solution
Lockchain.ai Debuts Blockchain Risk Management Solution
April 02, 2024  |  Blockchain

Lockchain.ai has debuted what it calls the first AI-powered blockchain risk management platform. The company, founded by a trio of cybersecurity CEOs, announced its launch Monday (April 1),...

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