PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin. PayPal said in an April 29 regulatory filing that the SEC concluded its investigation into PayPal USD (PYUSD) and wouldn’t be taking any action. The company said it received a subpoena from the SEC’s Division of Enforcement … Read more
Two prominent players in finance and media — Trump Media and Technology Group in the United States and Bunq in Europe — have unveiled separate but parallel moves into the cryptocurrency space, reflecting a broader shift toward integrating digital assets into everyday digital platforms. Trump Media announced it is exploring the launch of a utility … Read more
Bankrupt crypto exchange FTX has filed lawsuits against the non-fungible token marketplace NFT Stars and the blockchain gaming firm Kurosemi, which operates as Delysium, accusing them of withholding tokens they owed. The lawsuits, both filed in the Delaware bankruptcy court, alleged that NFT Stars and Delysium failed to deliver all the tokens paid for by … Read more
Bankrupt crypto exchange FTX has filed lawsuits against the non-fungible token marketplace NFT Stars and the blockchain gaming firm Kurosemi, which operates as Delysium, accusing them of withholding tokens they owed. The lawsuits, both filed in the Delaware bankruptcy court, alleged that NFT Stars and Delysium failed to deliver all the tokens paid for by … Read more
Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in UAE Circle Internet Group, the leading global financial technology company and issuer of the USDC stablecoin, has received In-Principle Approval (IPA) from the … Read more
In brief Nasdaq has applied to the SEC for a rule change allowing the exchange to list shares of a 21Shares Dogecoin ETF. Bitwise and Grayscale have also applied for Dogecoin ETFs. The SEC has already started deliberations on a rule change for the Grayscale Dogecoin fund. Nasdaq has applied to the U.S. Securities and … Read more
Asset manager BlackRock has filed to create digital ledger technology shares from one of the firm’s money market funds, which will leverage blockchain technology to maintain a mirror record of share ownership for investors. The DLT shares will track BlackRock’s BLF Treasury Trust Fund (TTTXX), which may only be purchased from BlackRock Advisors and The … Read more
Crypto News Dutch neobank Bunq is making its official entry into the world of digital assets, unveiling a new crypto investment feature directly within its banking app. With user demand for cryptocurrencies on the rise across Europe, the Amsterdam-based fintech is now offering access to over 300 tokens, including Bitcoin, Ethereum, and Solana. Starting April … Read more
Bitcoin is trading over $95k and gunning for the $100k level again. Meanwhile, Ethereum has broken out of a big range and moved closer to the $2000 level. Following this, Ethereum Classic has also experienced bullish momentum. Let’s find out how high it can go in this Ethereum Classic price prediction. Since its launch, Ethereum … Read more
SEC delays Franklin Templeton’s spot XRP ETF decision, resetting the deadline to June 17, 2025. Franklin leads the XRP ETF race with $1.5T AUM, while several peer filings face similar extensions. XRP price remains steady at $2.30 despite regulatory delays, gaining over 6% in the past week. The U.S. Securities and Exchange Commission (SEC) has … Read more