Auto Added by WPeMatico

US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin

Rep. Maxine Waters said she was “deeply concerned” about the PYUSD without a proper regulatory framework in place, while Rep. Patrick McHenry said it "hold[s] promise".

Continue ReadingUS House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin

NY Times defends article on Caroline Ellison: the public has a ‘legitimate interest’

The media outlet claimed the public and press had a right to receive information on a "central participant in a financial scheme that defrauded investors of billions of dollars".

Continue ReadingNY Times defends article on Caroline Ellison: the public has a ‘legitimate interest’