USDC faces SEC enforcement amid stablecoin crackdown
The move follows the SEC’s demand that crypto exchange Paxos stop minting Binance’s BUSD stablecoin because it may be a security.
BUSD is dead, long live USDT
Paxos has announced that it will no longer issue Binance USD after an order from the New York Department of Financial Services.
Justin Sun’s stablecoins are melting
With no recent capital injections or incentives for short-sellers, solving problems with USDD and USDJ doesn’t seem to be a priority for Sun.
FedNow is coming next year and the feds hope it’s a crypto killer
When the Federal Reserve launches FedNow in July, it will supplant most blockchains with cheap, reliable, instant, irreversible settlements.
ECB calls for stablecoin regulations to protect wider economy
According to the ECB, as the popularity of stablecoins continues to grow, they pose a greater risk to other non-crypto areas of the economy.
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What’s up with TrueUSD and the rest of TrustToken’s stablecoins?—by Protos Staff
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Blame the Fed: David Sacks and the VC who cried bank-run—by Protos Staff
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Alameda co-chief Caroline Ellison got 75% less in bonuses than male counterpart—by Protos Staff
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How Raoul Pal’s Real Vision left its audience in the dark—by Protos Staff
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HiveEx, Genesis Block, and SBF’s trading desk network—by Protos Staff
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‘Bitcoin Willy Wonka’ Max Keiser now works for El Salvador gov’t—by Protos Staff
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Winklevii band Mars Junction on hiatus as Gemini bank loss rumors swirl—by Protos Staff
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Gambling with Tether: Ultimate Bet, USDT perps, Tron bets, and the $1 peg—by Protos Staff
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Ordinals enable first-ever Bitcoin sovereign rollup—by Protos Staff