Market Caps Of USDT And USDC Surge Amidst Regulatory Scrutiny On BUSD
George WardThe stablecoin market has been under regulatory scrutiny recently, particularly after Paxos, a US-based Trust Company, the issuer of the…
Altcoins
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India
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Most Stablecoins Won’t Meet Coming Regulatory Recommendations – FSB Chair
In a recent letter addressed to the finance ministers of the G20 and central bank governors, Klaas Knot, the chairman…
SEC Complaint Reveals Jump Crypto Realized $1.28B from Kwon’s Terra Ecosystem
Michael ScottThe complaint lodged by the US Securities and Exchange Commission (SEC) alleging Terraform and founder Kwon misled investors to believe…
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A DeFi Researcher Examines the Altcoin Holdings Of Major Cryptocurrency Funds
Nathan FergusonThor Hartvigsen, known as a Copenhagen-based data-driven decentralized finance researcher, has utilized the on-chain analysis instruments of Arkham, DeBank, and…
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SEC Can’t Crush Cryptocurrency – Cardano Founder
The crypto community has been abuzz recently after the United States Securities and Exchange Commission (SEC) announced several enforcement actions…
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24-Hour stablecoin Transactions on Curve’s 3pool Approach $1 Billion
It has been a remarkable journey for Curve, a decentralized finance (DeFi) protocol, as its 3pool nearly hit $1 billion…
SEC Charges Terraform Labs and Do Kwon, Alleges Misleading Investors and Fraud in TerraUSD Stablecoin
The US Securities and Exchange Commission (SEC) update conveyed on Thursday, February 16, confirmed Terraform Labs alongside its co-founder Do…
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Investors Fleeing Binance USD Fuel Tether’s USDT $1.5B Gain
The increasing regulatory scrutiny on Paxos Binance USD (BUSD) fuels the exodus to other stablecoins, including Tether USDT. The latest…
South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance
The South Korean financial services regulator offered clarity to the securities and crypto firms in a guideline published on February…
Regulatory Action Forces Paxos to Halt Minting Stablecoin BUSD
Stablecoin issuer Paxos confessed the decision to halt fresh minting of fresh Binance USD (BUD) citing the directive issued by…
Paxos Set to Battle SEC’s Lawsuit Alleging Binance USD Violated Investor Protection Laws
The US Securities and Exchange Commission (SEC) is initiating a lawsuit against Paxos, alleging it violated investor protection law for…
Paxos’ USDP Stablecoin Briefly Loses Dollar Peg Amid NYDFS Probe
As the New York Department of Financial Services (NYDFS) announced that it is probing Paxos, the firm's USDP stablecoin lost…
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Finnish Fintech Company Membrane Finance Launches EUROe
Finland is known for its innovative spirit, and it is no surprise that one of its fintech firms, Membrane Finance,…
FinTech Company Juno Resuming Operation After Scaling Down in January
The Singapore-based crypto firm Juno has announced plans to resume providing crypto services after halting the services in January. Juno…