Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), called on Congress to give the agency more authority to stronger regulate cryptocurrency exchanges, lending, and platforms riddled with fraud and investor risk by his words. At a global conference on Tuesday, the SEC chair said the crypto market involves many tokens, which…

Mastercard revealed plans to develop products and services around cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). The company wants to play a role in all three vibrant crypto areas, according to the CEO. Mastercard’s CEO, Michael Miebach, provided an update of the company’s cryptocurrency plans during the earnings call on Thursday. He explained that…

Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans. According to job postings on the company’s website, there is at least 102 job openings connected to cryptocurrency and blockchain that include crypto-focused roles in compliance, anti-money laundering, and business development for…

Taproot is a Bitcoin soft fork that will enhance privacy and script execution. It is also connected with the Schnorr soft fork, which will improve scalability, transaction speed and encode multiple keys into one. This fall will mark an important milestone in Bitcoin development, as the activation of Taproot on the main Bitcoin network presumably…