Crypto Exchange WazirX is Granted a Four-Month Conditional Moratorium
A Singapore court yesterday granted a four-month moratorium to Indian cryptocurrency exchange WazirX, with certain conditions.
Robinhood and Revolut Plan to Launch a Stablecoin: Bloomberg
According to a recent report from Bloomberg, the financial technology company Revolut is contemplating the idea of introducing its own stablecoin as part of its expanding cryptocurrency product range.
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.
