The trade group argues that the US SEC case unfairly labels cryptos as securities
Feb 22 (Reuters) – Cryptocurrency industry association the Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. Securities...
Tagged: CMPNY
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...
Crypto startup MoonPay hires chief legal officer from Blockchain.com
Summary Companies Law firms Lindsey Haswell is the company’s first in-house legal hire Haswell was previously at Blockchain.com, Lime, Uber (Reuters) – Cryptocurrency payments startup MoonPay...
Charlie Munger Downplays Taiwan Invasion Risk, Says Crypto Fans Are ‘Idiots’
Feb 15 (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc ( BRKa.N ), said on Wednesday that China remains...
FTX bankruptcy judge rejects demands for new investigation into crypto exchange collapse
Feb 15 (Reuters) – A U.S. bankruptcy judge on Wednesday rejected calls for a new, independent investigation into FTX’s collapse, saying it would be redundant to...
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...
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...
Cryptocrime will reach a record $20 billion in 2022, the report says
LONDON, Jan 12 (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions soared, data...
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...