US SEC Ends PayPal’s PYUSD Stablecoin Probe With No Enforcement Action
The Securities and Exchange Commission (SEC) has concluded its 16-month-long investigation into PayPal’s USD stablecoin (PYUSD) as related regulation gains momentum in Congress and the financial watchdog loosens its grip on the crypto industry. SEC Drops PayPal’s Stablecoin Investigation PayPal has revealed that the US SEC dropped its probe...
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Metaplanet to launch U.S. subsidiary and raise $250M to expand Bitcoin treasury
Metaplanet is doubling down on Bitcoin with a planned expansion into the U.S., aiming to raise $250 million and position itself as a global force in corporate Bitcoin adoption. In a May 1 post on X, Metaplanet CEO Simon Gerovich…...
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Tether CEO Says Big Four Accounting Firms Have Reversed Stance, Now Pursuing Audit Talks
Tether, the issuer of the world’s largest stablecoin USDT (CRYPTO: USDT), is in active discussions with multiple ‘Big Four’ accounting firms to pursue a full financial audit, according to CEO Paolo Ardoino. The talks, he said, represent a dramatic change in tone from the auditing firms, which previously distanced...
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Visa to Introduce First Stablecoin Cards Soon. This Crypto Wallet Token Could Explode
Payments giant Visa is transforming finance by partnering with Stripe’s Bridge to pilot stablecoin-linked cards in Latin America. The push towards real-world crypto utility aligns with the vision for Best Wallet Token’s ($BEST) ecosystem, particularly its planned Best Card feature designed for seamless crypto transactions. As the market embraces...
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Galaxy Digital Plans Nasdaq Listing and Metaplanet Raises $250M for its Bitcoin Strategy, Fueling Presales like BTC Bull Token
Presales like BTC Bull Token ($BTCBULL) may surge as Galaxy Digital plans a Nasdaq listing on May 16, with the shareholders’ meeting set for May 9. Mike Novogratz, Galaxy Digital CEO and founder, broke the news yesterday on Galaxy’s Newsroom, stating that the move would be ‘value enhancing to...
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Morgan Stanley Eyes Launching Crypto Trading Through E*Trade: Bloomberg
Morgan Stanley (MS) is planning to bring cryptocurrency trading to its E*Trade platform, marking the most serious move yet by a major U.S. bank to offer retail users direct access to cryptocurrencies. The initiative, still in early stages, could debut next year. The bank, Bloomberg reports, is weighing partnerships...
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Crypto Daybook Americas: Robinhood’s Crypto Growth Presages Riot, Strategy Even as Tariffs Hit GDP
By Francisco Rodrigues (All times ET unless indicated otherwise) The impact of President Donald Trump’s reciprocal tariffs is starting to be felt. The U.S. economy contracted for the first time in three years last quarter and stock prices have seen their worst first 100-day performance of a presidential administration...
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21Shares Files for SUI ETF, SUI Rises 4%
Swiss asset manager 21Shares has filed a S-1 registration form for a SUI exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC). SUI is currently trading at $3.67, rising by 4% after the filing went live on the SEC’s website. “Since our earliest research into Sui, we believed...
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World Liberty Financial’s USD1 to integrate with Tron network
World Liberty Financial’s official stablecoin, USD1, will be integrated into the Tron network as it prepares to mint millions of dollars worth of tokens at the start of the partnership. On the Token2049 stage on May 1, Tron (TRX) founder…...
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Why Charles Hoskinson of Cardano Was Fired From Ethereum
Few understand how close Ethereum was to total annihilation in 2014 at the hands of Vitalik Buterin, Charles Hoskinson, and Gavin Wood. Not only was one of its first major applications a few cycles away from being hacked in what is now known as the DAO attack. But, in...
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