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The US has reportedly opened a criminal probe into market manipulation of bitcoin and other cryptocurrencies
The US Justice Department and the Commodity Futures Trading Commission are investigating spoofing and wash trading in cryptocurrency markets, according to Bloomberg.
Adyen processed €108 billion-worth of payments last year and had revenues of €218 million. The company could be valued at up to €9 billion in the IPO in Amsterdam.
Marc O'Brien, who led Visa UK & Ireland from 2008 and 2014, has joined Crypterium as CEO. The startup plans to make debit cards that will let you spend cryptocurrency such as bitcoin and ether in everyday situations.
Square paid $8 million for a super star tech lawyer, then she stepped down after 16 months on the job
BI Prime: Hillary Smith is replaced by Sivan Whiteley, a five-year veteran of Square who help lead legal on its bitcoin launch. Smith will stay on at the $22.5 billion payments company through September.
Square tumbles after Paypal announced it will acquire iZettle, a European competitor of Square. Fintech startup iZettle will further Paypal's plans for an international omni-channel payments solution and increase competition in the point-of-sale market.
Paypal is gaining ground after announcing its $2.2 billion acquisition of a European competitor of Square
Paypal shares rise in pre-market trading after it announced the $2.2 billion acquisition of Square competitor iZettle. The European fintech startup which makes credit card readers for phones and tablets would further Paypal's international omni-channel plans.
Oliver Harris, 29, is taking on a new role as head of crypto-assets strategy at the bank. Harris will also lead JPMorgan's Quorum project, the internal blockchain platform developed by the bank that has been rumoured to be preparing for a spinoff.
South Korean news editor Yonhap said prosecutors raided the country's biggest cryptocurrency exchange, Upbit, on Thursday and Friday on suspicion of fraud.
Martin Walker from the Center for Evidence-Based Management gave evidence to the UK Parliament's Treasury Committee on Tuesday. He dismissed the potential for blockchain in finance, saying it is just another fad.
Revolut began as a no fees FX card linked to an app but has expanded into everything from travel insurance, property investment, and cryptocurrency.