Crypto scams tied to Bitcoin ATMs are on the rise. Here’s how scammers trick victims and what lawmakers are doing about it.
Scammers increasingly push victims to send them money through crypto ATMs. Records reviewed by CNN reveal the con artists’ tricks.
With the golden age of scams in full swing, it is perhaps unsurprising that one of the largest Bitcoin automated teller machine (BTM) operators in the country is being sued for alleged complicity in ...
The Fed has described a capped “payment account” that could widen access to Fedwire and ACH while limiting credit and interest.
A North Olmsted resident at 1:18 p.m. on July 8 reported an attempted fraud in which she was convinced to deposit nearly $5,000 into a Bitcoin cryptocurrency ATM. She then attempted to deposit another ...
JPMorgan Chase is taking a step further into the cryptocurrency space with its own stablecoin-like token, called JPMD. The U.S. banking giant told CNBC on Tuesday that it's planning to launch a ...
The GENIUS Act defines a payment stablecoin as a digital asset that trades on a public distributed ledger that is designed to facilitate payment. It must be redeemable for currency but is explicitly ...
Excluded from the stablecoin revolution by law, banks deserve the opportunity to participate in the evolution of digital finance. Clarity on the treatment of tokenized deposits is an essential first ...
A CBC News investigation revealed that cryptocurrency machines — which operate legally in Canada — have become the main ...
Citigroup Inc plans to launch crypto custody service by 2026, signaling a deeper push into the digital asset space. Citi is ...
JPMorgan will offer crypto trading but will not directly custody assets, according to a top executive. The bank is exploring ...