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Videos

SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.

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Markets

Paxos recorta el 20% de su personal, según informes

Un informe de Bloomberg dice que la compañía tendrá un mayor enfoque en la tokenización.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Opinion

Si la stablecoin de PayPal es un valor, cualquier cosa podría serlo

El ex gerente de BUSD, Austin Campbell, dijo que la citación de la SEC sobre PYUSD va más allá de toda razón.

(Marques Thomas/Unsplash, modified by CoinDesk)

Videos

'Santa Rally' Could Spark Bitcoin to $56K by Year-End; PayPal Faces SEC Inquiry

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest topics in the crypto industry today, including a new price prediction that bitcoin (BTC) could rise to $56,000 by Dec. 31, in line with its record of maintaining bullish momentum in final months of the year. FTX founder Sam Bankman-Fried's trial is wrapping up. And, PayPal received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin.

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Videos

Jeremy Allaire on Circle’s ‘Multi-Decade’ Strategy and Where Stablecoin Regulation Is Headed

Circle co-founder and CEO Jeremy Allaire joins Unchained for an in-depth discussion on the reasons behind Coinbase’s investment in Circle, how Circle has emerged stronger from the banking crisis, what he thinks of PYUSD, what he likes and doesn’t like about the current U.S. stablecoin bill, and his thoughts on what the final bill will look like.

Unchained

Opinion

¿Qué tiene de malo la stablecoin de PayPal?

Para que PYUSD gane una tracción verdadera y duradera, el nuevo emisor de stablecoin debe abordar ciertas preocupaciones de centralización, escribe el director de Tecnología de Kima, Guy Vider.

The ability to transfer all PYUSD user funds into PayPal may leave crypto natives hesitant to adopt the stablecoin. Oliver Buchmann/Unsplash)

Videos

Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon

The launch of PayPal’s (PYPL) stablecoin PayPal USD (PYUSD) will drive payments efficiencies and an improved customer experience, but adoption of the cryptocurrency is unlikely to be significant in the near term, Bank of America said in a research report on Thursday. "The Hash" panel discusses the outlook for PYUSD and why this is a project to watch.

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Videos

Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin

Rep. Maxine Waters (D-Calif.) said in a statement that she's "deeply concerned" about PayPal's launch of its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets.” CoinDesk's global policy and regulation managing editor Nikhilesh De discusses regulatory concerns surrounding PayPal USD (PYUSD).

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Opinion

La verdadera estrategia de PayPal con las stablecoins: busca generar intereses sobre tus depósitos.

Si bien parece positivo para las Cripto, la moneda estable PYUSD beneficiará principalmente a las arcas de PayPal.

PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)

Markets

El mercado de las stablecoins se disparará a casi 3 T de dólares en los próximos 5 años, según Bernstein.

Eso representa un aumento respecto de los 125 millones de dólares actuales, ya que el uso debería crecer con más asociaciones de marca compartida, según un informe de la empresa.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

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