Paxos Granted Approval to Introduce Stablecoins in UAE

Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]

Paxos Granted Approval to Introduce Stablecoins in UAE

Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]

Crypto Advocate Tom Emmer Criticizes Treasury’s Control Over Crypto and CBDCs

House Majority Whip Tom Emmer has strongly criticized the Treasury Department’s recent recommendations for increased control over the cryptocurrency industry. Speaking at the Blockchain Association Policy Summit, Emmer expressed concerns about the agency’s intentions, cautioning against relying on a supposed savior figure. Emmer has also voiced opposition to central bank digital currencies (CBDCs), describing them […]

Crypto Advocate Tom Emmer Criticizes Treasury’s Control Over Crypto and CBDCs

House Majority Whip Tom Emmer has strongly criticized the Treasury Department’s recent recommendations for increased control over the cryptocurrency industry. Speaking at the Blockchain Association Policy Summit, Emmer expressed concerns about the agency’s intentions, cautioning against relying on a supposed savior figure. Emmer has also voiced opposition to central bank digital currencies (CBDCs), describing them […]

US Treasury Pushes for Greater Control Over Stablecoins Amid De-Dollarization and Terrorism Funding Concerns

The ongoing debate in the United States regarding the regulation of blockchain technology, web3 industry, and crypto assets is expected to be a major topic in the 2024 presidential elections. With a significant number of American voters already invested in the crypto market, politicians are eager to address this issue. The US Treasury Department is […]

US Treasury Pushes for Greater Control Over Stablecoins Amid De-Dollarization and Terrorism Funding Concerns

The ongoing debate in the United States regarding the regulation of blockchain technology, web3 industry, and crypto assets is expected to be a major topic in the 2024 presidential elections. With a significant number of American voters already invested in the crypto market, politicians are eager to address this issue. The US Treasury Department is […]

SEC Invites Public Opinion on Fidelity’s Ethereum ETF Application

The US Securities and Exchange Commission (SEC) has opened up the opportunity for the public to provide comments on Fidelity’s application for a spot Ethereum exchange-traded fund (ETF). This move by the SEC allows individuals to share their insights on the proposed rule change that would enable Fidelity to introduce shares of its spot Ether […]

SEC Invites Public Opinion on Fidelity’s Ethereum ETF Application

The US Securities and Exchange Commission (SEC) has opened up the opportunity for the public to provide comments on Fidelity’s application for a spot Ethereum exchange-traded fund (ETF). This move by the SEC allows individuals to share their insights on the proposed rule change that would enable Fidelity to introduce shares of its spot Ether […]

SEC Seeks Public Feedback on Fidelity’s Ethereum ETF Proposal

The United States Securities and Exchange Commission (SEC) is seeking public feedback on Fidelity Investments’ proposal for an Ethereum exchange-traded fund (ETF). This move by the SEC highlights the increasing interest and potential acceptance of cryptocurrencies as mainstream financial assets. Fidelity Investments, a major asset management firm, applied to the SEC for an Ethereum ETF, […]

SEC Seeks Public Feedback on Fidelity’s Ethereum ETF Proposal

The United States Securities and Exchange Commission (SEC) is seeking public feedback on Fidelity Investments’ proposal for an Ethereum exchange-traded fund (ETF). This move by the SEC highlights the increasing interest and potential acceptance of cryptocurrencies as mainstream financial assets. Fidelity Investments, a major asset management firm, applied to the SEC for an Ethereum ETF, […]