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.
Crypto-based Investment Products Bring in $321M
Last week, crypto products had $321 million in inflows, with the exception of Ethereum (ETH) funds which saw negative net flows of $28.5 million.
Australia Will Require Crypto Companies to Obtain a Financial Services License
Regulators in Australia are reportedly working on legislation that would broaden the licensing requirements for cryptocurrency exchanges.
Kamala Harris to Support Crypto Sector
Kamala Harris has publicly addressed her US presidential campaign for the first time, highlighting her plans to promote innovation in artificial intelligence (AI) and digital assets.
Court Approves Terraform Labs Operations Wind-down
A US court has granted Terraform Labs permission to cease its operations as it shifts its focus to working with the bankruptcy trustee to distribute assets and settle claims from investors.
