USD

PayPal Receives SEC Subpoena Regarding PYUSD Stablecoin
Crypto

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 […]

Nov. 3, 2023
Singapore Shake-Up: Tether Alters Terms, Sparks Crypto Community Confusion
Blockchain

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 […]

Sep. 26, 2023