Crypto
PayPal Q2 Transaction Revenue Rose 17%; Earnings Top Estimates
The payments giant added 11.4 million new accounts in the period, down from 23.3 million in the year-earlier quarter.
Blockchain Australia Recommends Safe Harbor Provision for Crypto Providers
The industry body is calling for a "coordinated and graduated approach" to the regulation of digital assets throughout the country.
Amazon Is Looking to Hire a Digital Currency Lead
The successful candidate will have expertise in cryptocurrency and central bank digital currencies, according to the job posting.
Stablecoins Risky Like ‘Wildcat’ Bank Practices of 19th Century, Gorton and Zhang Write
Yale economist Gary Gorton and U.S. Federal Reserve attorney Jeffery Zhang liken stablecoins to a time when private banks issued their own notes.
India's ICICI Bank Stops Customers From Making Overseas Crypto Investments
ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.
Bank of America Creates Team Dedicated to Researching Crypto
America’s second-largest bank is the latest financial institution to wade deeper into crypto.
South Korean Prosecutors Indict Former Bithumb Chairman in $100M Fraud Probe
Lee Jung-hoon allegedly took the funds from BK Group owner Kim Byeong-gun as an upfront "contract fee" in acquisition negotiations.
