Coinbase customers can now buy and sell PayPal’s new US dollar-pegged stablecoin, PayPal USD (PYUSD), on the exchange’s website and mobile apps. The top US crypto exchange officially rolled out trading support for the asset, which aims to maintain a 1:1 peg with the US dollar, last week. PayPal unveiled PYUSD earlier this month and […]
Robinhood, the popular online brokerage platform, has successfully completed a significant share repurchase agreement, acquiring $605 million worth of shares from Emergent Fidelity Technologies. The company filed an 8-K form with the US Securities and Exchange Commission (SEC) to officially announce the agreement. The Board of Directors authorized the pursuit of repurchasing the remaining 55 […]
Ripple’s legal team has suggested that the United States Securities and Exchange Commission (SEC) has not met the requirements to request an appeal in the ongoing lawsuit between the two parties. In a filing with the U.S. District Court for the Southern District of New York, Ripple’s lawyers argued that the SEC’s grounds for an […]
