Pay Pal USD PYUSD the latest stablecoin pegged to the U S dollar will be an Ethereum based token offered to the company’s online payments customers before expanding to Pay Pal’s Venmo app Timothy Massad former CFTC chairman Pay Pal advisor and current director of the Digital Assets Policy Project at the Harvard Kennedy School [...]
Pay Pal is issuing a U S dollar pegged stablecoin Pay Pal USD PYUSD but what does this mean for crypto regulation in Washington D C Timothy Massad former CFTC chairman Pay Pal advisor and current director of the Digital Assets Policy Project at the Harvard Kennedy School discusses his reaction and the outlook for [...]
Josh Sterling former CFTC Division Director and current partner at Jones Day reacts to Semafor reporting that Binance could face U S Department of Justice fraud charges although prosecutors are weighing alternatives given the risk of an FTX style bank run Sterling notes that criminal charges against companies are usually a death blow and often [...]
Binance may face Department of Justice fraud charges, though prosecutors are considering alternatives given the risk of an FTX-style bank run, according to Semafor. Josh Sterling, Jones Day partner and former CFTC division director, discusses the specifics of the report and the potential outcomes.
Coin Desk Daily takes a look at the top headlines in crypto today including Worldcoin which was co founded by Open AI s Sam Altman facing new scrutiny in France Grayscale calls for a fair process when it comes to the SEC approving spot bitcoin ETF applications Binance files a motion to dismiss a lawsuit [...]
Coin Desk Daily breaks down the top crypto headlines of the day including why dogecoin DOGE is rising for the second straight day Attorneys for the U S Department of Justice DOJ ask a judge for time to produce evidence in their case against former Celsius CEO Alex Mashinsky Binance plans to ask a court [...]
The CFTC sued Binance, its founder Changpeng Zhao and compliance officer Samuel Lim in a U.S. court in Illinois in March, alleging that the exchange operated a derivatives trading operation in the U.S.