OCC’s Hsu: Bank-fintech partnerships ‘here to stay’, while crypto-hogging ‘brain space’
WASHINGTON, Oct 13 (Reuters) – A top U.S. banking regulator said his caution about banks working with fintechs is not meant to stifle those arrangements, but...
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Cryptoverse: A crowd of funds bet on the allure of battered bitcoin
Oct 18 (Reuters) – A growing number of funds are banking on the long-term appeal of bitcoin and ether, a cruel gambit in the depths of...
Regulators propose first global rules before ‘crypto winter’ thaws
LONDON, Oct 11 (Reuters) – Crypto asset companies should set aside capital like banks when they carry out similar activities, regulators suggested on Tuesday in their...
Cryptoverse: Bitcoin Miners Get Stuck in a Bear Pit
Sept. 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. By the end of 2021, miners were the toast of the town with a...
Cryptoverse: Hack jitters push bitcoin investors back to the future
Oct 11 (Reuters) – Being a crypto investor is not easy. They have seen the value of their holdings drop like a brick this year, and...
NFT sales plunge in the 3rd quarter, down by 60% from the 2nd quarter
LONDON, Oct 3 (Reuters) – Sales of non-fungible tokens fell sharply in the third quarter, according to blockchain tracker DappRadar, as crypto investors look for a...
Crypto’s Grayscale Blasts SEC Over ‘Special Harshness’ Against Bitcoin Trading
(Reuters) – Crypto asset manager Grayscale Investments LLC, which manages the world’s largest bitcoin mutual fund, told a federal appeals court on Tuesday that the U.S....
Binance-linked blockchain hit by $570 million crypto hack
LONDON, Oct 7 (Reuters) – A blockchain linked to Binance, the world’s largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson...
South African crypto platforms must be licensed by 2023 regulator
JOHANNESBURG, Oct 20 (Reuters) – Cryptocurrency financial companies in South Africa must apply for a license between June 1 and Nov. 20, 2023 to operate legally,...
FEMSA’s fintech arm sees 10 million users in Mexico by 2023
MEXICO CITY, Oct 20 (Reuters) – Spin by Oxxo, the financial technology initiative launched by Mexican bottler and retailer Femsa, is set to reach 10 million...