AMEX CEO Says Crypto Is Unlikely a Threat to Traditional Credit Cards

Traditional credit card payments will hold firm amid the growth of cryptocurrencies, American Express CEO Stephen Squeri predicted on the company’s third-quarter earnings call Friday. Unlike crypto, traditional credit cards offer clients rewards, service and the ability to dispute charges, along with the ability to extend credit, Squeri said. Squeri said he sees cryptocurrency much […]

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US-Led Multilateral Ransomware Meeting Calls for Enhanced Powers Over Crypto

Participating governments will strengthen their capacity to clamp down on the use of virtual assets in ransomware operations, 31 countries and the European Union said in a joint statement following a U.S.-led conference on ransomware. The participating members will enhance the capacity of national authorities “to regulate, supervise, investigate and take action” against the exploitation […]

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