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In an unexpected turn of events, the U.S. Securities and Exchange Commission (SEC) has opted to conclude its investigation into PayPal’s dollar-backed stablecoin, PYUSD. This decision is not merely a footnote in regulatory history; it indicates a subtle yet significant shift in the regulatory landscape for stablecoins. Faced with former SEC Chairman Gary Gensler’s often
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In the volatile world of cryptocurrency, the significance of accurate market predictions cannot be overstated. Traders cling to expert insights, but many fail to grasp the fluctuating realities of these digital assets. Take XRP, for instance. Predictions regarding its future have swayed dramatically, with some analysts excitedly pointing towards potential gains while others, like Crypto
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The recent transfer of nearly $20 million worth of TRUMP tokens has sent ripples through the crypto world, raising eyebrows and pertinent questions regarding the motives behind such substantial movements. On April 29, a wallet tied to the memecoin project, reportedly associated with Donald Trump, executed a significant transfer involving approximately 1.346 million TRUMP tokens.
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In a bold stride towards regulatory legitimacy, Circle, the brain behind the USDC stablecoin, has obtained preliminary approval from Abu Dhabi’s Financial Services Regulatory Authority. This milestone, publicized on April 29, is not just a nod to bureaucratic compliance; it represents a clear signal of Circle’s intent to entwine itself within the intricate financial fabric
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