News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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Paxos CEO Urges Kamala Harris and Donald Trump to Prioritize Stablecoin Regulation
In a letter addressing both Democratic nominee Vice President Kamala Harris and Republican nominee Former President Donald Trump, Paxos CEO…
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Paxos SEC Investigation Ends with No Enforcement Action
Paxos, a regulated blockchain and tokenization platform, announced that it received a formal termination notice from the SEC on July…
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Paxos Expands Stablecoin Issuance to Solana Blockchain
Blockchain and tokenization platform Paxos made a significant announcement, expanding its stablecoin issuance to the Solana blockchain platform. Formerly exclusive…
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Singapore’s MAS Gives Nod to Paxos for USD Stablecoin Launch
Crypto firm Paxos has attained preliminary authorization from Singapore’s regulatory body, the Monetary Authority of Singapore (MAS), for its forthcoming…
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Coinbase Invests in Circle, Expands USDC Integration to 6 New Blockchains
Coinbase, a prominent cryptocurrency exchange, is securing a minority ownership in Circle Internet Financial while simultaneously dissolving their partnership within…
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Navigating the Evolution of Stablecoins: Challenges, Regulation, and the Impact of PYUSD
Stability in the cryptocurrency realm took center stage in 2022 as the stablecoin sector’s capitalization faced a notable contraction following…
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Over $70 Billion Transacted via Silvergate and Signature Bank in Connection with Binance
A recent court filing in the US District Court reveals that Silvergate and Signature banks processed over $50 billion and…
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Binance Mints $50M Worth of TrueUSD Amid Regulatory Pressure on USD-Backed Stablecoins
Just a few days following the news of Paxos and Binance USD facing regulatory investigation in the United States, the…
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