Former Binance Boss Criticizes Europe’s Slow Crypto Progress
Changpeng “CZ” Zhao, the ex-CEO of Binance, expressed disappointment with Europe’s pace in embracing digital currencies, saying the continent is making little to no progress in this area. During his talk at the Token2049 event in Dubai on April 30, Zhao praised regions like the UAE for being highly supportive of business and crypto innovation, […]
SEC Ends Inquiry into PayPal’s Stablecoin PYUSD
PayPal has announced that the U.S. Securities and Exchange Commission has officially ended its investigation into the company’s U.S. dollar-pegged stablecoin, PYUSD. According to a regulatory filing submitted by PayPal on April 29, the SEC has wrapped up its review and confirmed it will not pursue any enforcement actions related to the stablecoin. The investigation […]
Eric Trump: Banks That Ignore Crypto Will Vanish Within a Decade
Eric Trump, executive VP of the Trump Organization and son of former U.S. President Donald Trump, has issued a stark message to traditional banks: embrace cryptocurrency or risk becoming obsolete within ten years. Speaking in an April 30 interview with CNBC, Trump criticized the current financial system, describing it as outdated and rigged in favor […]