Stablecoins
PayPal Digital secures NYDFS trust charter
As a cautious approach, U.S. authorities mandate PayPal to prove USD deposits or similar cash equivalents back its PYUSD despite...
Japan’s Nomura bank announces new stablecoin project
Nomura has partnered with the GMO Internet Group to offer stablecoins backed by Japanese yen and U.S. dollars alongside a...
EU body mulls including digital currency ETFs in UCITS for retail investors
For the first time since 2007, the European Securities and Markets Authority (ESMA) is reviewing which assets might be appropriate...
Coinbase leans heavily on accounting changes to post billion-plus profit
Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months, more than twice...
Asia-Pacific navigates diverse stablecoin regulations, experts weigh in
As APAC countries navigate the complex landscape of stablecoin regulations, industry stakeholders must tread carefully, balancing innovation and compliance in...
Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion
Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3...
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