SEC gives OK to social media platform to issue stablecoin without registering as a security

The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat. The U.S. Securities and Exchange Commission, or SEC, has issued a rare no-action letter in response to a request from a blockchain-backed platform over the issuance of a digital asset. The […]

Continue Reading

Deloitte includes BitPay on top 500 tech companies list

BitPay beat Pinterest by several ranks on Deloitte’s prestigious list. As cryptocurrencies continue gaining mainstream attention, some of the industry’s native companies have also joined the spotlight. Bitcoin payment processing company BitPay joined the ranks of 499 other important technology companies today. Big Four accounting firm Deloitte sees BitPay as one of North America’s top […]

Continue Reading

Yearn Finance formalizes operations budget as YFI rallies

Price and social media sentiment swoon in unison as Yearn Finance formalizes operations budget. After a three-day voting period, this morning members of Yearn Finance’s decentralized governance approved Yearn Improvement Proposal 54 (YIP-54), formalizing an ongoing budget for operational expenses.  YIP-54 aims to improve on previous proposals, including YIP-36 and YIP-41, which allowed for expenditures […]

Continue Reading
Page 6 of 115
1 2 3 4 5 6 7 8 9 10 11 115