article thumbnail

Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets

Perficient

Recognizing that regulated and non-regulated financial institutions seek to engage in cryptocurrency and crypto asset activities, the three largest federal bank regulators, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, recently issued a joint statement on crypto assets.

article thumbnail

Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

million, CoinDesk reported, the first IPO to use cryptocurrency as an accepted currency. FinTech STAX, a capital-raising platform that accepts both dollars and cryptocurrency, helped WCA raise the funds. “We The platform, VC Trade Lending, will support just bitcoin initially, but has plans to add Ether and XRP support.

Bitcoin 339
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach; TradeStation To Launch Crypto Lending Service

PYMNTS

He added that while cryptocurrency is important, the blockchain technology behind it is equally so. “Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. Meanwhile, TradeStation , the U.S.

article thumbnail

Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach

PYMNTS

He added that while cryptocurrency is important, the blockchain technology behind it is equally so. “Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. Meanwhile, TradeStation , the U.S.

article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care? With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.

article thumbnail

Cred Opens Crypto Corporate Lending Platform To Developers

PYMNTS

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. “Lending and earning crypto are hard businesses to get right, particularly in a bear market,” he said. In a press release on Tuesday (Dec.

Lending 139
article thumbnail

French Court Says Bitcoin Is Money

PYMNTS

The result of the ruling could lead to more activity in the French bitcoin market. In 2017, Bitcoin hard forked, creating Bitcoin Cash, a new cryptocurrency. This ruling could encourage more activity in the French Bitcoin market. whether courts allow some cryptocurrencies to constitute securities. An argument in the U.S.

Bitcoin 280