Bitcoin
Just hours prior to granting approval for the groundbreaking Bitcoin exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) disclosed its collaboration with the Federal Bureau of Investigation (FBI) to probe a suspicious tweet issued on January 9th. In an official statement on January 10th, the SEC emphatically
Crypto Exchanges
Binance, the world's leading cryptocurrency exchange, showcased substantial progress across multiple fronts in 2023, with only one U.S. regulatory entity continuing its pursuit. Emphasizing positive developments in its year-end report, Binance celebrated noteworthy achievements. The exchange experienced a remarkable 30% surge in user numbers, surpassing 170 million customers. Facilitating
PayPal
PayPal, the global payments leader, is currently facing scrutiny from the U.S. Securities and Exchange Commission (US SEC) regarding its PayPal USD (PYUSD) stablecoin. What is PYUSD? PYUSD is a stablecoin pegged to the U.S. dollar, introduced by PayPal in August. This marked a significant milestone as a