Fintech

After Apple shook up the Buy Now, Pay Later market with news that it would now be a competitor to established firms, PayPal this morning is introducing another buy now, pay later product to follow the 2020 launch of its “Pay in 4? installment program.

Celsius Network has hired lawyers to advise on possible solutions for its mounting financial problems, according to people familiar with the matter....

John Collison makes the case for two trends that might bolster fintech and other internet-based businesses as the world braces for a widely expected US recession next year.

While many crypto firms take an axe to their workforce, several big sector players - including Binance, Kraken and OKX - have committed to hiring sprees.

The difficult market is forcing once-highflying digital-currency companies to slash jobs, halt mergers and bar clients from withdrawing digital investments, all moves that are shocking investors.

Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, amid growing nervousness as cryptocurrency prices keep sliding.

The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.

I spoke to Fed Chief Innovation Officer Sunayna Tuteja about the central bank’s innovation team during Consensus 2022.

The crypto market is entering very rough waters. But the industry and its creative energies are here to stay.