Paxos to pay $48 million in New York settlement over AML compliance failures
Key Takeaways Paxos will pay $48.5 million to settle compliance failures with New York regulators related to its partnership with
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Settlement
Visa adds PYUSD, USDG, and EURC to its settlement platform
Key Takeaways Visa has added PYUSD, USDG, and EURC stablecoins to its settlement platform. The expansion includes support for Stellar
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Ripple Confirms XRP Legal Status After Judge Blocks Joint SEC Settlement Motion
Ripple reaffirmed XRP’s legal status after a federal judge upheld her previous ruling and rejected proposed settlement changes in a
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Ripple and SEC Press Judge Torres to Approve Settlement Ending XRP Case
Ripple urges Judge Torres to approve its joint SEC motion, securing reduced penalties, preserving prior rulings, and accelerating long-awaited resolution
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XRP Added to Nasdaq Crypto US Settlement Price Index
XRP blasts into the Nasdaq Crypto US Settlement Price Index, marking a monumental step toward institutional adoption and setting the
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Drawing Parallel to Rothschilds, Michael Saylor Says Bitcoin Will Anchor Future ‘Cash’ Settlement
Michael Saylor, founder of business intelligence firm Strategy (formerly Microstrategy), predicted bitcoin will become the foundational network for settling global
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Judge rejects SEC and Ripple’s proposed settlement deal, upholds $125M penalty
Key Takeaways A judge rejected a proposed settlement that would have reduced Ripple’s penalty from $125 million to $50 million.
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JPMorgan’s Kinexys, Chainlink, Ondo Finance Demo Atomic DvP Settlement for Real-World Assets
Chainlink, JPMorgan’s blockchain unit Kinexys, and Ondo Finance have completed the first cross-chain Delivery versus Payment (DvP) transaction on Ondo
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SEC Commissioner Criticizes Ripple Settlement as Crypto Enforcement Weakens
Key Takeaways: The SEC has resolved its Ripple Labs lawsuit, lowering the fine from $125 million to $50 million. Commissioner
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SEC reaches settlement with Ripple, ending case with $50 million deal
Key Takeaways Ripple and the SEC reached a final settlement to resolve the 2020 lawsuit, requesting to dissolve the court’s
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