Cryptocurrency
- Finance
Invesco sees ‘crypto spring’ after crash wiped demand for digital assets: ‘We will see people coming back’
Invesco, the $1.4tn US asset manager that launched one of Europe’s first bitcoin products, predicts that a “crypto spring” will…
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CEO of crypto lender Genesis exits as 20% of workforce laid off
Genesis Global Trading is laying off 20% of its 260-person workforce weeks after court filings revealed that the crypto brokerage…
Read More » - Banking
Fed warns banks to check legality of crypto-related activity
WASHINGTON — The Federal Reserve is directing banks under its supervision to check in with the regulator before engaging in…
Read More » - Banking
Toomey accuses FDIC of chokepoint-esque crackdown on banks and crypto
WASHINGTON — Sen. Pat Toomey, R-Pa., is pressing the Federal Deposit Insurance Corp. on its stance toward banks involvement in…
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Is The Crypto Collapse Permanent Or Merely A Crypto Winter?
Photo by KENA BETANCUR/AFP via Getty Images AFP via Getty Images Cryptocurrency is part of an exciting technology wave, but…
Read More » - Banking
Why some banks and sports teams offer bitcoin savings plans
San Antonio community bank Vantage Bank takes a progressive stance on cryptocurrency. It recently participated in a secondary market municipal…
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Why the UK and US need to join forces on crypto regulation
Timothy Spangler and Daniel Natoff are partners at law firm Dechert While the value of some cryptocurrencies has fallen, and…
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Small banks are going on a wild ride thanks to crypto
When big banks steered clear of cryptocurrency companies, a handful of small lenders eagerly courted the booming businesses. Now, they…
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The UK’s first ever ‘anti-crypto’ conference is not just for haters — regulators want in too
The crypto industry’s recent implosion has shattered confidence in the sector – and caused serious headaches for those looking to…
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Regulators could order hedge funds to disclose crypto exposure
The collapse in cryptocurrency prices this year has left US regulators scrambling to understand the risks that digital asset markets could pose…
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BlackRock is diving into crypto with a bitcoin private trust — here’s what investors need to know
BlackRock is diving headfirst into cryptocurrencies, including a new spot bitcoin private trust for institutional investors. The trust is available…
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How Tornado Cash crackdown exposes holes in crypto regulation
The US sanctioning of a prominent cryptocurrency platform this week exposed technical gaps in the government’s ability to prevent criminals,…
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Coinbase’s ‘staking’ programme is under scrutiny by SEC
Coinbase Global had at least one bright spot in a dismal quarter: commissions earned from “staking,” where investors can earn yield by…
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The Fintech Files: Why the Big Short author’s next book is about crypto, and BlackRock revives the bitcoin bulls
When Michael Lewis talks to crypto bros, he tends to get bored within about six hours. But when the Big Short author…
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Coinbase loses $1.1bn in Q2 as crypto meltdown takes toll
Coinbase reported a surprisingly large second consecutive quarter of losses, driven by the crypto market’s spring meltdown. Coinbase lost $1.1bn, or $4.98…
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Arsenal crypto ads banned for ‘misleading’ fans
Britain’s advertising watchdog has banned two ads by Arsenal Football Club for its crypto-based fan token scheme, saying they were…
Read More » - Banking
Banking groups plead with Biden administration for bigger crypto role
WASHINGTON — The nation’s top banking trade associations told the Biden administration that its cautious approach to digital assets is…
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Coinbase stock rockets amid a ‘short squeeze’: Is this a GameStop moment?
Shares in beaten-down cryptocurrency exchange Coinbase have torn higher this week. Investors are likely witnessing a “short squeeze” that is driving the…
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Top BitMEX employee guilty of violating US anti-money-laundering rules
A top employee at BitMEX has pleaded guilty in New York to failing to put in place an anti-money-laundering program…
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MicroStrategy boss Michael Saylor steps down amid $1.6bn loss
MicroStrategy CEO Michael Saylor said he would step down from the top job next week and assume the role of…
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Why US lawmakers want bitcoin and ether to be under the scrutiny of the CFTC
WASHINGTON — Leaders of a Senate committee are set to propose legislation that would assign oversight of the two largest…
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Robinhood is slashing 23% of full-time staffers
Robinhood Markets is slashing about 23% of its full-time staff as the flashy online brokerage continues to reel from a…
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Robinhood, Coinbase and Gemini: The crypto winter has cost more than 3,700 jobs — here’s who’s cutting
Crypto firms are still reeling from a brutal market crash during the second quarter, sparked by the implosion of stablecoin…
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Lawmakers step up crypto scrutiny with second inquiry
A second group of lawmakers has launched an inquiry into the UK government’s approach to the crypto industry. The Crypto and…
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Revolut unleashes fresh crypto push despite sector turmoil
Revolut has announced a fresh push into crypto, with 22 new tokens available to buy and sell on its app,…
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How Revolut, Fidelity and Binance are looking to capitalise on the crypto crash
Crypto may be in the doldrums, but established brands across banking, fund management and digital assets see the crash as…
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Crypto broker Voyager gets green light to return $270m to customers
Cryptocurrency brokerage firm Voyager secured approval to return $270m in customer cash, settling one of the larger issues it faced…
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From Ukraine to crypto: Celsius CEO Alex Mashinsky’s rocky journey
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance…
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Fed mulls digital dollar to take on China’s e-CNY
WASHINGTON — Lawmakers are pushing the Federal Reserve to move swiftly toward issuing a digital dollar, to combat steps from China…
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