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 […]
SEC Ends Scrutiny of PayPal’s Stablecoin, PYUSD
The US Securities and Exchange Commission (SEC) has formally closed its investigation into PayPal Holdings Inc.’s stablecoin, PayPal USD (PYUSD). The news came as part of the company’s […]
Circle Secures Key Regulatory Approval for USDC in Abu Dhabi
Circle has obtained an in-principle approval from the Abu Dhabi’s financial regulator, ADGM Financial Services Regulatory Authority, to operate its USDC stablecoin in the region. This marks a […]
Circle Secures Regulatory Approval for USDC in UAE: Boosting Stablecoin Adoption
Circle has received in-principle approval to operate its USD Coin (USDC) stablecoin in the United Arab Emirates (UAE). This regulatory move aligns with Circle’s broader expansion into the […]
SEC Halts Investigation into PayPal’s PYUSD Stablecoin, Boosting Fintech Stability
The U.S. Securities and Exchange Commission (SEC) has put an end to its probe of PayPal’s PYUSD stablecoin project without taking enforcement action. This signifies a shift in […]
Senate Approves Stablecoin Regulation Bill Before Memorial Day Break
The U.S. Senate is expected to vote on the GENIUS Act before the Memorial Day break, a significant step towards regulating stablecoins. The bill, introduced by Senator Bill […]
SEC Closes Investigation of PayPal’s Stablecoin
PayPal has received good news regarding its stablecoin venture, PYUSD. The US Securities and Exchange Commission (SEC) has officially closed its investigation into the company’s stablecoin and announced […]