Ethena Will Issue a Stablecoin Backed by BlackRock’s BUIDL Fund
Ethereum-based blockchain platform Ethena is teaming up with real-world asset tokenization company Securitize to launch a new stablecoin called UStb.
Chainalysis CEO Predicts Increased Use of Stablecoins in Asia Will Boost Institutional Adoption
Chainalysis co-founder and CEO Michael Gronager expressed his belief that stablecoins will drive institutional adoption in Asia, despite potential disapproval from regulators.
Terraform Labs Could Shut Down Several Products and Services
Terraform Labs issued a warning on September 25 that they will be shutting down various products and services on October 30 unless third parties take them over.
PayPal to Let Business Clients Buy, Sell and Hold Crypto from US Accounts
PayPal has announced that its business clients in the U.S the ability to purchase, store, and sell cryptocurrency directly from their accounts, expanding the market for the popular payments platform.
Circle Launches a New Compliance Tool
Circle CEO Jeremy Allaire has announced the launch of a new tool called the Compliance Engine.
Kraken Buys Dutch Crypto Broker BCM
Kraken has successfully acquired Coin Meester B.V. (BCM), one of the oldest registered cryptocurrency brokers in the Netherlands.
TrustToken and TrueCoin Settle Charges with SEC over TrueUSD
TrustToken and TrueCoin have settled allegations that they misrepresented the backing of their stablecoin, TrueUSD (TUSD), and sold securities linked to it without proper registration.
