Crypto, BNPL May Face Regulations; Inflation causes increase in debt
Americans continue to accumulate more and more debt American consumers continue to cope with rising prices and prop up the failing economy by using credit cards....
Daily Archive: September 15, 2022
The FinTech IPO index barely fluctuates
The market routes continue, pretty much everywhere you look. Concerns over interest rate hikes and inflation show no sign of easing – and technology stocks continue...
OCC chief offers comments on banking and crypto partnerships
Related Practices and Jurisdictions Thursday 15 September 2022 On September 7, Acting Comptroller of the Currency Michael Hsu discussed the long-term threats to confidence in banking...
European fintech funding: Claimer, Freetrade, InvestSuite, Ruleguard
This week’s Practical Friday Funding includes four UK and European fintech start-ups – Claimer, Freetrade, InvestSuite and Ruleguard. Creditor raises 4.2 million dollars London-based tax claim...
Bitcoin price turns red as bears take over the crypto market
Bitcoin is showing bearish signs below the $20,000 support zone against the US dollar. BTC may accelerate further lower below the $19,500 support zone. Bitcoin started...
US SEC’s crypto guidelines raise costs for lenders, disrupting projects
WASHINGTON, Sept 16 (Reuters) – Banks’ cryptocurrency projects have been upstaged by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too capital...
Cryptocurrency Prices Today: Bitcoin Below $20,000; ether falls above 8%. Check the latest prices
Cryptocurrency prices plunged following the major software upgrade of Ethereum, the most commercially important blockchain in the digital asset sector. Bitcoin, the world’s largest and most...
Gary Gensler says many crypto firms trade in securities and must register with the SEC
US Securities and Exchange Commission (SEC) Chairman Gary Gensler says many cryptocurrency firms must register their tokens with the agency. According to his testimony today before...
US Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware
The US Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and companies in the United States by...
Report shows that Bitcoin miners continue to sell
The events in the crypto industry for 2022 have not been favorable for Bitcoin miners. They have experienced a sharp decline in operations which drastically crashed...
