Jeremy Allaire, the CEO of USDC issuer Circle, believes that the U.S. Securities and Exchange Commission is not the right regulator for stablecoins.
57 results for
Paxos
Summary: Gary Gensler’s SEC argued against the deal with allegations of unregistered securities over the VGX token and the proposed...
Summary: Binance Holding Ltd is reassessing its position in the U.S. and could cut ties with its partner firms in...
Circle's CSO Dante Disparte has denied a rumor about the SEC issuing a Wells notice to his firm. The news was initially shared by Fox journalist Eleanor Terrett.
Summary: Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum. Zeller argued that the Paxos-issued stablecoin...
Fintech giant PayPal has reportedly paused working on its stablecoin due to the renewed regulatory crackdown on crypto firms. PayPal was working with Paxos, which is currently facing a probe by the NYDFS.
Stable Universal’s HUSD stablecoin has lost its peg to the US dollar The stablecoin was earlier launched in 2018, in...
Key takeaways: PayPal has announced the launch of new features, including crypto transfers with other wallets. Initially, PayPal users could...