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Paypal USD: Boon for Ethereum but not decentralization, says community

August 8, 2023 by DIGIT

Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC. Go to Source

Categories BUSD, Censorship, custody, functions, Gnosis, KYC, Online Payments, Paxos Trust, PYUSD, Smart Contract Audit, Solidity

SEC to target crypto firms operating as ‘qualified custodians’ — Report

February 14, 2023 by DIGIT

If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC. Go to Source Powered by WPeMatico

Categories audits, Draft Proposal, Gary Gensler, Paxos Trust, pension funds, Private Equity Firms, proposal, Qualified Custodian, Stablecoins, vote

Are stablecoins securities? Well, its not so simple, say lawyers

February 13, 2023 by DIGIT

One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities. Go to Source Powered by WPeMatico

Categories Aaron Lane, Arbitrage, BUSD, derivatives, Gary Gensler, Hedging, Howey Test, Michael Bacina, Paxos Trust, Securities Act of 1933, staking, United States Securities Laws


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,395.00-3.24%
  • ethereumEthereum(ETH)$3,026.28-3.98%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.74%
  • binancecoinBNB(BNB)$884.60-2.09%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.56-4.25%
  • tronTRON(TRX)$0.285909-0.25%
  • staked-etherLido Staked Ether(STETH)$3,026.04-3.98%
  • dogecoinDogecoin(DOGE)$0.139732-5.68%
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  • bitcoinBitcoin(BTC)$89,395.00-3.24%
  • ethereumEthereum(ETH)$3,026.28-3.98%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.74%
  • binancecoinBNB(BNB)$884.60-2.09%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.56-4.25%
  • tronTRON(TRX)$0.285909-0.25%
  • staked-etherLido Staked Ether(STETH)$3,026.04-3.98%
  • dogecoinDogecoin(DOGE)$0.139732-5.68%