Investment firm Galaxy Digital has ended its $1.2 billion acquisition agreement with digital assets platform BitGo. Galaxy terminated the deal after BitGo missed a July 31 deadline to turn over audited financial statements for last year that comply with the terms of the deal, according...
Financial services and investment manager Galaxy Digital has agreed to acquire BitGo, which works in digital asset infrastructure, according to a press release. With the acquisition, Galaxy Digital will be positioned as a global full-service platform for institutions looking to access the cryptocurrency economy, the...
Brian Brooks, who was acting head of the Office of the Comptroller of the Currency (OCC) under the President Donald Trump administration, is now slated to be CEO of Binance.US, one of the world’s biggest crypto exchanges, The Wall Street Journal (WSJ) reported. Brooks will...
Indian FinTech Cashaa and the country’s United Multistate Credit Cooperative Society teamed up to launch what they say is the world’s first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. The new brick-and-mortar branch is located in Jaipur and the...
January 01, 2021
This year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and commerce business. The Trackers use a number of creative methodologies and frameworks that measure and benchmark an ever-changing landscape. As part of our special year-end coverage, here’s a sampling of […]
December 08, 2020
Money laundering is a pervasive phenomenon around the world, with the estimated amount of money laundered in a given year totaling 2.7% of the global gross domestic product (GDP). Cybercriminals...
August 15, 2022
Cryptocurrency values remained unchanged with the cooling of a rally in bitcoin and ether, Bloomberg wrote Monday (Aug. 15). Bitcoin was down less than 1% to around $24,250 at around noon in New York, after hitting $25,000 over the weekend for the first time since June. Ether was down around 1% to $1,919. Ether has […]
August 15, 2022
Investment firm Galaxy Digital has ended its $1.2 billion acquisition agreement with digital assets platform BitGo. Galaxy terminated the deal after BitGo missed a July 31 deadline to turn over...
May 05, 2021
Financial services and investment manager Galaxy Digital has agreed to acquire BitGo, which works in digital asset infrastructure, according to a press release. With the acquisition, Galaxy Digital will be...
April 20, 2021
Brian Brooks, who was acting head of the Office of the Comptroller of the Currency (OCC) under the President Donald Trump administration, is now slated to be CEO of Binance.US,...
