May 17, 2024
Crypto

Stablecoins are boosting demand for U.S. Treasury notes

Among all cryptocurrencies, stablecoins have always faced the most scrutiny from financial regulators. However, they also have supporters who speak about their benefits to the financial world. Recently, the CEO of Cantor Fitzgerald, the custodian of stablecoin Tether, discussed the potential benefits of stablecoins and the future of asset tokenization in the U.S. economy. Dow

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Crypto

Cryptocurrency Asset Platform Settles with Oregon over Violations

The Oregon Division of Financial Regulation reached a settlement agreement in principle with a cryptocurrency asset platform for violating state securities regulations. The group of affiliated companies known as Abra – Plutus Financial Holdings Inc., Plutus Financial Inc., Plutus Lending LLC and Abra Boost LLC – offered and sold interest-bearing cryptocurrency depository products referred to

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