The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s PYUSD stablecoin, dropping enforcement action without penalty. This decision is boosting market sentiment as it […]
GENIUS Act Vote Looms Before Memorial Day, Offering Stablecoin Regulation in US
The GENIUS Act, a landmark piece of legislation aiming to regulate stablecoins in the United States, is poised for a vote before the Memorial Day break. According to […]
Tether Eyes US Market After Trump’s Stablecoin Push
Following Donald Trump’s executive order promoting stablecoin expansion and prohibiting the development of Central Bank Digital Currency (CBDC), Tether CEO Paolo Ardoino is exploring opportunities within the US […]
Senate Set to Vote on Stablecoin Bill Before Memorial Day – Who Wins and Loses?
The Senate is gearing up for a crucial vote on stablecoin legislation before Memorial Day, aiming to establish new regulatory frameworks. Senator John Thune confirmed the Senate’s intent […]
PayPal Cleared of SEC Investigation, Expands Cryptocurrency Services
In a significant move, PayPal disclosed that the Securities and Exchange Commission (SEC) has closed its probe into its stablecoin product, PYUSD. This clearance followed a subpoena issued […]
SEC Clears Path for PayPal’s PYUSD, Stablecoin Gains Momentum
PayPal has cleared a significant regulatory hurdle with the U.S. Securities and Exchange Commission (SEC) closing its investigation into its dollar-pegged stablecoin, PYUSD. The SEC did not issue […]
Goldman Sachs Expert on Crypto Regulations: What’s Necessary for Success
Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, recently highlighted the importance of regulatory clarity for Bitcoin and cryptocurrency adoption during the Token2049 conference in Dubai. […]
Stablecoin Startup Zar Secures $7M Funding Round Led by a16z
Zar, a stablecoin company focused on enhancing cross-border transactions in Africa, has secured a $7 million funding round led by venture capital firms a16z, Dragonfly Capital, and VanEck […]
SEC Drops Investigation into PayPal’s Stablecoin: No Enforcement Action
The US Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s stablecoin, PYUSD, without taking enforcement action. This marks a significant shift in the regulatory stance […]
Italy Raises Concerns Over Crypto’s Financial Integration Amid Trump’s Pro-Crypto Policies
Italy is warning about the potential financial risks of cryptocurrencies integrating into mainstream finance systems. The Bank of Italy has raised concerns that this integration, driven in part […]
Circle and Onafriq Partner to Revolutionize Cross-Border Payments in Africa
Circle has joined forces with Onafriq, Africa’s largest payments gateway, to tackle high costs associated with cross-border transactions across the continent. Utilizing USDC, these companies aim to pilot […]
SEC Closes Investigation of PayPal’s PYUSD Stablecoin: Relief for Crypto Payments
PayPal has been cleared by the SEC in its investigation into the stablecoin PYUSD, a development that provides relief for both the company and the broader cryptocurrency landscape. […]
SEC Drops Investigation of PayPal’s Stablecoin, Signaling Eased Cryptocurrency Regulation
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s stablecoin, PYUSD, without taking enforcement action. This decision marks a shift in the SEC’s approach […]
SEC Closes Inquiry into PayPal’s PYUSD, Boosting Stablecoin Adoption
The Securities and Exchange Commission (SEC) has concluded its investigation of PayPal’s USD-backed stablecoin, PYUSD, without any enforcement action. This development removes a major regulatory hurdle for PYUSD […]
SEC Closes Investigation into PayPal’s Stablecoin Project, PYUSD
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into PayPal’s stablecoin project, PYUSD, without imposing any penalties. The SEC informed PayPal of this closure […]