Stablecoin issuers should choose rule model, key lawmaker says
Pat Toomey, the top Republican on the Senate Banking Committee, said cryptocurrency stablecoin issuers should be able to choose from ...
Tag: Bloomberg
Chime users can now make deposits at Walgreens for free
Financial-technology firm Chime said customers can now deposit cash at more than 8,500 Walgreens Boots Alliance Inc. locations, another example ...
French, Swiss central banks conduct digital FX experiment
The Bank of France and the Swiss National Bank successfully tried foreign exchange transactions using digital currencies, saying the experiment ...
Nasdaq partners with Amazon to move market trading to the cloud next year
Nasdaq Inc. partnered with Amazon.com Inc. to shift its North American markets to the cloud starting in 2022. The move ...
Citigroup alum Matt Zhang launches $1.5B crypto-investing venture
Former Citigroup Inc. executive Matt Zhang is launching a $1.5 billion venture focused on cryptocurrency-related investments and has hired Sam ...
Crypto oversight road map is set by U.S. banking regulators
U.S. banking agencies have issued a to-do list of their plans to tackle oversight of the cryptocurrency industry next year. ...
Citi to hire 100 people in push into digital assets
Citigroup Inc. is looking to hire 100 people as part of a new push into digital assets inside its institutional ...
Thiel-backed bank N26 to close 500,000 accounts in U.S. exit
N26 GmbH will discontinue its U.S. operations in the latest setback to the expansion plans for the German digital bank, ...
Buffett-backed StoneCo sheds $22B in value since peaking
Brazilian payments firm StoneCo Ltd. plunged the most on record after disappointing results in the third quarter cast further doubt ...
Fintech BM makes first acquisition after going public through a SPAC
Financial-technology firm BM Technologies Inc. is turning the typical banking tie-up formula on its head with plans to acquire First ...
