Crypto lending unit of Genesis files for US bankruptcy
Jan 20 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion after being...
Tagged: BNK
Fintech giant’s bad wedding leads to happy divorce
NEW YORK, Feb 14 (Reuters Breakingviews) – Many mergers fail, but executives are rarely humble enough to admit it. At Fidelity National Information Services ( FIS.N...
Cryptoverse: Punk Monkeys and a Resurrection of NFTs
February 14 (Reuters) – It lives! The NFT market is moving out of its torpor, defying reports of their demise. Total NFT sales on the ethereum...
US securities regulator investigates investment advisers over crypto custodian sources
NEW YORK, Jan 26 (Reuters) – The U.S. Securities and Exchange Commission is investigating registered investment advisers over compliance with rules surrounding custody of clients’ crypto...
New York’s financial regulator is targeting companies that mix crypto funds
Jan 23 (Reuters) – New York’s financial regulator will on Monday issue new guidance dictating that companies separate clients’ crypto assets from their own, after alleged...
Revolut nears completion of 2021 accounts as fintech seeks UK license – sources
LONDON, Jan 13 (Reuters) – Fintech firm Revolut Ltd. is close to completing its extended financial statements for 2021, a move that could pave the way...
Fed’s Waller Says Crypto Is Risky, Harker Sees Still Demand
Feb 10 (Reuters) – Federal Reserve Governor Christopher Waller had a pair of warnings to those involved in cryptocurrency assets on Friday, telling buyers they could...
Cryptoverse: Is Bitcoin Out of the Woods? Consider the options
Feb 7 (Reuters) – Have bitcoin and ether finally turned a corner? It seems so, if crypto options traders are anything to go by. The volume...
Tough road ahead for US fintech lenders as default risk rises
Jan 13 (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates limit...
Cryptoverse: Bitcoin is back with a bang
Jan 17 (Reuters) – Bitcoin is on the charge in 2023, pulling the crypto market off the floor and electrifying bonk, a new meme coin. The...