Analysis: Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry
NEW YORK/WASHINGTON, March 24 (Reuters) – Coinbase ( COIN.O ) debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators...
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Despite industry headwinds, Bitcoin mining is booming in Texas
MCCAMEY, Texas, March 23 (Reuters) – Cryptocurrency bankruptcies and concerns over electric power consumption have failed to slow the industry’s growth in Texas, according to a...
Cryptoverse: Bitcoin passes the bank’s stress test
March 21 (Reuters) – As the crisis stalks the traditional world of stocks and bonds, bitcoin suddenly looks like a safe haven. The notoriously volatile cryptocurrency...
FTX is suing liquidators of its Bahamian affiliate over ownership of crypto exchange
March 20 (Reuters) – Bankrupt crypto exchange FTX has sued the liquidators overseeing the liquidation of its Bahamian affiliate FTX Digital Markets, accusing them of falsely...
Signature Bank’s shutdown had ‘nothing to do with crypto’ – New York regulator
March 14 (Reuters) – New York’s financial regulator said the decision to close Signature Bank ( SBNY.O ) had “nothing to do with crypto,” citing what...
Crypto exchange Binance to stop transfers of pounds
LONDON, March 14 (Reuters) – Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world’s biggest crypto...
Cryptoverse: New breed of bitcoin NFTs sell for millions
March 14 (Reuters) – Imagine digitally imprinting 3D images of objects such as multi-colored spheres onto a small fragment of bitcoin. Imagine selling them for $16.5...
US crypto firms seek Swiss banking partners amid banking collapse
LONDON, March 13 (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it harder...
Fintech threat to big banks eased in 2022 as prices rose – report
Feb 15 (Reuters) – The competitive threat from financial technology companies to big banks eased over the past year as rising interest rates constrained funding, a...
Norway seizes USD 5.8 million worth of crypto stolen by North Korea
LONDON, Feb 16 (Reuters) – Norway has seized a record $5.8 million worth of cryptocurrency stolen by North Korean hackers last year, Norwegian police said in...