Cryptocurrency exchange OKX has agreed to pay over $500 million in penalties after pleading guilty to operating an unlicensed money-transmitting business within the United States. The U.S. Department […]
SEC Approves First Yield-Bearing Stablecoin: What This Means for the Future of Crypto
The U.S. Securities and Exchange Commission (SEC) has granted YLDS, the first interest-bearing stablecoin registered as a security, approval. Developed by Figure Markets, YLDS offers users a stablecoin […]
Citadel Securities Targets Crypto Market with Aim to Become Liquidity Provider
Market-making giant Citadel Securities is entering the cryptocurrency market by aiming to become a liquidity provider for platforms like Binance, Coinbase, and Crypto.com. The firm’s move comes as […]
SEC Drops DeFi Appeal: A Major Win for Crypto Industry
The U.S. Securities and Exchange Commission (SEC) has officially dropped its appeal to expand securities laws to decentralized finance (DeFi). This decision marks a significant victory for the […]