Financial Technology

Even More Crypto Lenders Struggle to Stem Flood of Withdrawals

Image: SIVStockStudio (Shutterstock) The number of crypto lending platforms that actually let users take their crypto home with them is getting progressively smaller. One company even reported its users were draining their accounts of close to $198 million in total over the past three weeks. CoinLoan announced Monday it was putting a big hold on …

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Bitcoin Prices Struggle Below $20,000. Why Tuesday Could Bring a Bigger Move.

Text size Bitcoin has failed to consistently breach the key $20,000 mark. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were largely unchanged on Monday, with digital assets continuing to trade at depressed levels following a stark selloff this year. The price of Bitcoin rose less than 1% over the past 24 hours to …

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Crypto Regulation in Europe Has Rules for Stablecoins and More. What to know.

Text size The EU is at the forefront of regulating crypto. AFP via Getty Images New rules in the European Union require cryptocurrency businesses to operate with a license and mandate that stablecoin issuers hold reserves like those banks have, part of a landmark effort by the bloc to regulate a chaotic sector. Following almost …

Crypto Regulation in Europe Has Rules for Stablecoins and More. What to know. Read More »