PYMNTS-MonitorEdge-May-2024

Today in Data: Cryptocurrency Gains Acceptance, Suffers Rejection

Today in data, Japanese cryptocurrency exchange Coincheck is planning a $1.3 billion special purpose acquisition company (SPAC) merger. Plus, Thailand has banned the use of cryptocurrency, and Gemini Payments becomes the latest company to earn a digital money license in Ireland.

Data

18: Number of cryptocurrency licenses issued in Ireland

$1.3B: Value of SPAC merger for Japanese cryptocurrency exchange Coincheck

1.5M: Number of verified customers on Coincheck

$500M: Amount of XEM stolen from Coincheck in 2018 crypto-hack

3: The number of risks cited by Thai regulators for banning crypto

PYMNTS-MonitorEdge-May-2024