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.
US Spot Bitcoin ETFs See $4.56M in Inflows
On Monday, US spot Ethereum exchange-traded funds saw a net outflow of $79.21 million, the largest daily outflow since July 29.
Hong Kong Monetary Authority Starts New Phase of CBDC Study
The Hong Kong Monetary Authority (HKMA) has launched the second phase of their pilot study on the digital Hong Kong dollar (e-HKD) and renamed the project as Project e-HKD+.
