Business

The FTX bankruptcy liquidation always takes place on two axes: returning money to creditors while trying to take it back from others.

Also: Zcash token falls after developer leaves, Smart Cashtags and BTC quantum computing defense

Users can spend major stablecoins and cryptocurrencies that are automatically converted to Peruvian soles at the point of sale.

The Wall Street brokerage said regulatory dynamics and a volatile banking environment are amplifying demand for Figure’s blockchain-based lending platform.

The blockchain nonprofit is repatriating its base of operations to the United States and has named a new board of directors to oversee its next phase of growth.

DZ Bank will “soon” deploy a cryptocurrency trading platform that cooperative banks can offer to their customers.

Allowing crypto exchanges and other intermediaries to offer yield-like incentives on payment stablecoins would present significant risks to local economies, says Kevin Paintner, chair of the Digital Assets Subcommittee of the Independent Community Bankers of America.

Metaplanet shares approached the 637 yen threshold that reactivates the company’s mobile strike mandates and unlocks hundreds of millions for new bitcoin purchases.

Crypto markets rose on Wednesday after bitcoin broke a key resistance level, triggering heavy selloffs and setting the stage for big gains for altcoins.

The deal would explore the integration of a dollar-backed stablecoin into Pakistan’s regulated payments system, as the country accelerates its plans for digital currency and virtual asset rules.