The US Securities and Exchange Commission (SEC) is about to play a leading authority role when it comes to proposing legislation and overseeing the stablecoin sector, Bloomberg recently reported, citing anonymous sources.Read more
The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin.
Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), continues focusing on advancing the developer activity on the network.Read more
The International Monetary Fund (IMF) has recently released its new Global Financial Stability Report, in which the entire chapter was dedicated to the discussion about financial stability challenges posed by the accelerating crypto adoption.Read more
One of the world’s largest money transfer services, MoneyGram International, recently announced stepping into a partnership with Stellar Development Foundation, a non-profit organization that supports the development of the Stellar (XLM) blockchain.Read more
Circle is under investigation by the SEC, the company revealed in regulatory filings on Monday.
The SEC reportedly requested documents and information regarding certain holdings, customer programs, and operations.
Circle said that it is “fully cooperating” with the investigation.
Circle, the company behind the world’s second-largest stablecoin USD Coin, has been subpoenaed by the U.S. Securities and Exchange Commission (SEC).
According to an Oct. 4 regulatory filing from Circle, the SEC issued an “investigative subpoena” from its Enforcement Division in July.
Circle is under investigation by the SEC, as the firm reveals it was issued a subpoena by the regulatory body in July 2021.
The United States Securities and Exchange Commission has subpoenaed USD Coin (USDC) issuer Circle, according to a filing on the SEC website.
The blockchain analytics platform Nansen has analyzed user activity on Binance Smart Chain (BSC) and revealed the most interesting trends in a new research report.Read more
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