Paxos Trust – DIGIT INFO

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

DIGIT — Tue, 08 Aug 2023 01:32:28 +0000

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.

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

DIGIT — Tue, 14 Feb 2023 06:40:20 +0000

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.

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

DIGIT — Mon, 13 Feb 2023 06:04:18 +0000

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

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