SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD
The U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue enforcement action, according to the company’s latest 10-Q filing. The…
Bitcoin’s price spike supported by ETF demand as stablecoin buying power remains low
The exchange stablecoins ratio (ESR) and stablecoin supply ratio (SSR) provide important insight into Bitcoin’s liquidity and potential buying power. ESR measures the proportion of stablecoins relative to Bitcoin exchange…
Pundi AI breaks new ground by joining NVIDIA’s exclusive AI startup circle
Pundi AI, a data infrastructure platform that integrates artificial intelligence with blockchain technology, has joined the NVIDIA Inception program, according to an April 29 statement shared with CryptoSlate. The initiative,…
Visa launches stablecoin-powered payment cards in Latin America
Visa announced on April 30 a new card-issuing program that allows users in Latin America to spend stablecoins at any of the 150 million merchants that accept Visa. The initiative,…
SEC delays 5 crypto ETFs, analysts expect final rulings by October
The US Securities and Exchange Commission (SEC) delayed decisions on five crypto-related exchange-traded funds (ETFs) applications on April 29, a move expected by Bloomberg ETF analysts James Seyffart and Eric…
US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold
Secretary of Commerce Howard Lutnick said the US is embracing Bitcoin (BTC) businesses, signaling a sharp policy shift from the Biden administration’s more adversarial stance. In a recent interview with…
Stablecoin, crypto market structure legislation slated for approval by August – Bo Hines
President Donald Trump’s administration aims to finalize stablecoin and crypto market structure legislation before the August 2025 congressional recess, according to Bo Hines, executive director of the President’s Council of…
UK moves to regulate crypto services such as staking, stablecoins
A draft legislation published by the UK Treasury on April 29 revealed new rules for firms offering crypto services in the UK, such as stablecoins, staking, and custody. The rules,…
Base becomes 10th L2 network to reach at least Stage 1 decentralization
Base has reached “Stage 1 Decentralization” by introducing fault proofs and a decentralized Security Council to its network structure, the layer 2 blockchain announced in a blog post on April…
Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB
World Liberty Financial’s (WLFI) USD1 stablecoin has officially surpassed $1 billion in market capitalization on BNB Chain following a series of high-volume mints executed within a single hour. The surge…