Regulation

PayPal puts its stablecoin project on hold

Ad Payments giant PayPal has paused work on a potential upcoming stablecoin, Bloomberg News reported on Feb. 10.A representative of the company told...

Kraken co-founder Jesse Powell comments on staking and SEC settlement

Ad Jesse Powell, co-founder and exiting CEO of Kraken, commented on his company’s decision to halt its U.S. staking services in a series...

US financial committee demands SBF-related documents from SEC

Ad The United States House Committee on Financial Service has requested documents related to charges filed against FTX founder Sam Bankman-Fried by the...

Ripple CEO praises ‘positive global regulatory developments’ happening outside US

Ad Ripple CEO Brad Garlinghouse said the number of positive global regulatory developments happening in the crypto industry is “energizing.”In a Feb. 9...

SEC under fire for regulation by enforcement in Kraken staking action

Ad The post-mortum on Kraken’s staking enforcement by the SEC has begun.On Feb. 9, Kraken said it would end its staking service in...

Paxos refutes bank charter rejection rumors

Ad Brokerage and stablecoin issuer Paxos said it had not been denied a national bank charter from the Office of the Comptroller of...

“Not your keys, not your crypto”

Ad Gary Gensler, chair of the U.S. Securities and Exchange Commission, attempted to cast new restrictions on staking in a positive light during...

New York Fed says Bitcoin shares most features of ‘a store of value’

Ad The Federal Reserve Bank of New York said in a Feb. 9 report that Bitcoin performs more kin to a precious metal like...

Kraken to end staking in $30M SEC settlement

Ad Crypto exchange Kraken will discontinue its staking services as part of a settlement with the SEC, according to a press release from...
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