Filing: PayPal discloses that the US SEC said in February 2025 that it was closing its investigation into the PayPal USD stablecoin “without enforcement action”
PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant's US-dollar stablecoin.
Huione Guarantee, a Telegram-based marketplace that enables “pig butchering” and other scams, recently debuted a few crypto products, including a USD stablecoin
- Huione Guarantee is a Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
PayPal adds its PayPal USD stablecoin, launched on Ethereum in August 2023 and issued by Paxos, to Solana; PYUSD currently has a nearly $400M market cap
- The payments company launched PYUSD on Ethereum in August — PayPal chose Solana for speed and low cost, despite outages
Ripple plans to launch a stablecoin later in 2024 that is “100% backed by US dollar deposits, short-term US government Treasuries, and other cash equivalents”
Today's edition is brought to you by BetterHelp … Brenda Ngari / ZyCrypto : XRP Eyes Mega Surge To High Prices As Ripple Readies To Storm $155 Billion Stablecoin Market Mehron Rokhy / The Daily Hodl :...
How Moscow-based crypto exchange Garantex became a major money laundering channel for cybercriminals and terrorist groups like the Palestinian Islamic Jihad
Garantex customers in Russia can deposit cash in rubles and then receive the equivalent in cryptocurrency, which can then be withdrawn abroad in a foreign currency, effectively disguising the origin o...
PayPal debuts PYUSD, a Paxos-issued stablecoin and fully backed by USD deposits, short-term Treasuries, and cash equivalents, rolling out to US users gradually
Press Releases — McHenry Statement on PayPal Announcing Launch of Payment Stablecoin Shaurya Malwa / CoinDesk : PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum Tim Copeland / The B...
Coinbase plans to suspend trading of the Binance USD stablecoin on March 13 for not meeting its listing standards; users will still be able to access their BUSD
Derek Andersen / Cointelegraph :
Sources: the SEC told Paxos the agency plans to sue the crypto firm, alleging the Paxos-issued and listed Binance USD stablecoin is an unregistered security
The agency has been intensifying its enforcement of major crypto players — The Securities and Exchange Commission …