PayPal’s recent move to end SEC inquiries into PYUSD, its dollar-backed stablecoin, paints a picture of resilience in an era of regulatory uncertainty. Despite the looming shadow of regulations that has haunted the cryptocurrency ecosystem, this decision marks a crucial turning point. The announcement came through PayPal’s Q1 2025 financial filing, where the company confirmed
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Circle’s recent initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi has sparked significant conversation in the financial world. This decision not only paves the way for Circle to obtain complete Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM), but it also signals a transformative shift in
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In the ever-volatile world of cryptocurrencies, few narratives ignite passion and speculation quite like that surrounding the TRUMP token. Recently, a wallet purportedly linked to the official Donald Trump memecoin project executed a staggering transfer of nearly $20 million in TRUMP tokens to various centralized exchanges. This move, carried out on April 29, has not
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Caitlin Long, the CEO of Custodia Bank, has boldly pointed out a troubling truth about the U.S. Federal Reserve’s recent maneuvers regarding cryptocurrency regulations. While the Fed presents its recent policy rollbacks as progress, a closer inspection uncovers a deeper inconsistency. The central bank’s decision to rescind several restrictive guidelines—yet retain a crucial rule limiting
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