Tether initiates strategic transformation and plans to stop supporting EOS and Algorand to mint USDT
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Quick Take Paxos’ Singapore entity, Paxos Digital Singapore Pte. LTD., will now be allowed to offer “digital payment token services” as a major payments institution, the stablecoin issuer said. Paxos also announced on Monday that it was partnering with Singapore-based DBS Bank for cash management needs and to custody stablecoin reserves.
US Supreme Court's decision to overturn Chevron could complicate legislative efforts: TD Cowen
Quick Take The Supreme Court voted 6-3 on Friday to overturn a 40-year-old court decision that defers to federal agencies to interpret the law how they see fit. Some in the crypto industry viewed the decision as a win. TD Cowen says it could complicate legislative efforts.
