The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue any enforcement action. The decision was disclosed in a regulatory filing on April 29, marking a regulatory win...
Asset management giant BlackRock is taking another significant step into blockchain-based finance by filing to launch digital ledger technology (DLT) shares for one of its money market funds. The initiative, outlined in an April 29 filing with the U.S....
According to reports citing Senate Majority Leader John Thune, the U.S. Senate is preparing to take up stablecoin legislation before the Memorial Day recess on May 26. In an April 29 politico report during a closed-door session with Republican...
The Bank of Italy has raised fresh concerns over the growing influence of Bitcoin and other digital assets on the financial system, warning that their rising integration with the broader economy poses new risks for investors and systemic stability....
An Indian court has directed authorities to block access to the encrypted email service Proton Mail, intensifying ongoing tensions between privacy-focused tech firms and government surveillance mandates. The ruling, issued on April 29 by Justice M. Nagaprasanna of the...
Hyperliquid is set to roll out a revamped fee discount system and a new account linking feature on May 5, 2025, at 03:00 UTC. These updates aim to enhance trading incentives and user flexibility on the platform. The update's...
Decentralized finance protocol Loopscale has successfully retrieved almost half of the $5.7 million drained from its vaults during a major security breach on April 26. The recovery follows ongoing white-hat negotiations with the exploiter, which have shown significant progress...
OSL Group, a publicly traded leader in crypto assets, has launched OSL Pay, a new business division designed to transform cross-border fiat-to-crypto payment systems. OSL Pay aims to provide institutions and retail clients with a high-performance, secure infrastructure for...
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has raised fresh concerns about the integrity of the country's crypto landscape, revealing that several cryptocurrency exchange providers remain on the official register despite no longer being operational. These dormant platforms...
In a bold move to cement the UAE’s position in the global blockchain arena, three of Abu Dhabi’s most influential institutions are collaborating to launch a dirham-pegged stablecoin pending regulatory approval. The coalition includes ADQ, the Emirate’s sovereign wealth...
