USD
BlackRock Leads $47M Strategic Funding Round for Securitize
Securitize, a leading digital securities platform, has secured $47 million in strategic funding led by investment giant BlackRock. Other investors in the funding round include blockchain developers Aptos Labs Paxos and stablecoin issuer Circle. Securitize said in a statement that the proceeds from the funding round will be used for product development, global expansion, and […]
PayPal Receives SEC Subpoena Regarding PYUSD Stablecoin
PayPal Holdings, a global payments firm expanding into the crypto space, received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its US dollar stablecoin PayPal USD (PYUSD), the company disclosed on Nov. 2 in its Q3 financial report with the SEC. PayPal noted: “On November 1, 2023, we received a subpoena […]
Singapore Shake-Up: Tether Alters Terms, Sparks Crypto Community Confusion
Stablecoin issuer Tether has recently changed its terms of service (ToS) in Singapore, causing a stir within the cryptocurrency community. The alterations, which have been met with confusion and speculation, primarily revolve around restricting the redemption of the company’s USDT tokens for United States dollars. Email Reveals Tether’s New Restrictions The news came to light […]