Philippines Adds Tether’s USDT for Social Security Payments
Tether has launched a novel payment method for citizens of the Philippines, allowing them to utilize their stablecoin, USDT, to pay for their social security system (SSS) contributions.
Number of Crypto ATMs Rises 17.8% Over Past Year
The number of cryptocurrency ATMs worldwide has grown by 17.8% in the past year, reaching a total of 38,279. This is close to the record of 39,541 set in December 2022.
SEC Comments Delay Spot Ethereum ETFs Launch
The anticipated launch of spot Ethereum ETFs in the United States, which was originally expected to happen in early July, has been delayed due to the Securities and Exchange Commission (SEC).
SEC Files Lawsuit Against Consensys
The US Securities and Exchange Commission filed on Friday a lawsuit against Ethereum software provider Consensys, claiming that its MetaMask service was an unregistered broker engaged in selling securities.
JPMorgan: Mt. Gox Creditors to Get Rid of Bitcoins Received
The defunct crypto exchange Mt. Gox is set to start distributing bitcoin refunds to its creditors in the coming month.
T-Rex Group Files for a Leveraged MicroStrategy ETF
The financial services firm T-Rex Group has recently applied to establish a leveraged Exchange-Traded Fund (ETF) based on the stock of MicroStrategy in the US.
Coinbase Files Lawsuits Against SEC and FDIC
Coinbase is taking legal action in order to obtain information from the Securities and Exchange Commission and the Federal Deposit Insurance Corporation regarding their stance on cryptocurrency regulation.
