digital currencies
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9 Companies That Hoarded Customers’ Money as Crypto Crashed
There’s no getting around it, June was a disastrous month for cryptocurrency.
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Yet Another Crypto Exchange Has Frozen Withdrawals Amid the Coin Crash
The great crypto implosion of 2022 is starting to look more and more like a classic run on the banks.
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Crypto Platform Coinbase Cuts More Than 1,000 Staff
The crypto roller coaster ride continues to plummet downhill fast. Coinbase, one of the largest cryptocurrency exchange platforms, is laying off 18% of its staff, or about 1,100 employees, according to a company SEC filing. The news also came in a letter to staff written by the CEO, Brian Armstrong, and tweeted out on Tuesday.
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Japan’s New Law Says Stablecoins Can Only Be Issued By Registered Financiers
The Japanese are stepping out in front of the international crowd of hungry crypto-curtailing regulators, becoming the first nation to truly clarify the legal status of stablecoins and setting a precedent for more regulations on the largely-unregulated crypto industry.