FinTechUpdate

PayPal May Buy Pinterest In a Deal Worth $45 Billion
PayPal may be looking to buy Pinterest in a deal that could be worth $45 billion, one of the company’s biggest acquisitions. According to...
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SEC Closes Investigation Into GameStop Stock Fiasco
The SEC has investigated so called “meme stocks,” such as GameStop’s epic run, ultimately deciding there was no wrongdoing. GameStop made...
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Coinbase Wants a Dedicated Federal Regulator for Crypto
Coinbase is calling on the US government to establish a new regulator for the crypto and digital assets market. Coinbase is one of the leading...
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Vladimir Putin Signals Support for Cryptocurrencies
Russian President Vladimir Putin has come out in support of cryptocurrencies, at a time when Russia is the ...
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US Leads the World in Bitcoin Mining After China Crackdown
Following China’s crackdown on bitcoin mining, the US now leads the world in bitcoin mining. China was...
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JPMorgan CEO Jamie Dimon Thinks Bitcoin is ‘Worthless’
Bitcoin may be one of the hottest things in the tech and finance industries, but JPMorgan CEO Jamie Dimon is not a fan, calling it “worthless.”...
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AMC Theatres Will Accept Dogecoin
AMC Theatres has announced it will start accepting Dogecoin, alongside Bitcoin, by the end of the year....
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DOJ Creates National Cryptocurrency Enforcement Team
The Department of Justice has announced the formation of a team dedicated to cryptocurrency enforcement....
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Brazil Poised to Adopt Bitcoin as Legal Currency
Brazil is poised to follow in El Salvador’s footsteps and adopt bitcoin as a legal currency. El Salvad...
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Bank of America Coverage Pushes Bitcoin Past $50,000
In one of the biggest endorsements of cryptocurrency, Bank of America has initiated coverage of Bitcoin, driving its price past $50,000. Crypto...
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Fiserve CEO: From Large To Small There’s a Comeback In Payments
"It's a great space a great and a great opportunity," says Fiserv CEO Frank Bisignano. "You have to love the clients and you have to love the payment space...
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New Zealand May Launch Its Own Digital Currency
New Zealand is exploring the possibility of launching its own digital currency, the latest indication of how much such currencies are transforming...
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Coinbase Now Supports Paycheck Deposit to Coinbase Accounts
Coinbase is making it easier to fund accounts, allowing users to deposit part of their paycheck directly into their accounts. Coinbase is one o...
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China’s Cryptocurrency Crackdown Intensifies, All Transactions Banned
China is intensifying its war on cryptocurrencies, banning all transactions, as well as all mining. Ch...
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SEC’s Gensler Doesn’t Believe Cryptocurrencies Are Viable Long-Term
US Securities and Exchange Commission (SEC) Chairman Gary Gensler has cast further doubt on cryptocurrencies, saying he doesn’t believe they are viable lon...
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