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CFTC Files Civil Enforcement Action Against Mosaic Exchange for Alleged Crypto Scheme

The US CFTC takes action against Mosaic Exchange, alleging a fraudulent crypto scheme that deceived investors and misappropriated funds. Commissioner calls for stronger crypto industry regulations. In a significant move targeting the cryptocurrency industry, the US Commodity Futures Trading Commission (CFTC) has initiated a civil...

Paypal’s Stablecoin Launch Garners Positive Congressional Reception

In the realm of modern financial developments, U.S. Representative Patrick McHenry has offered his insights into the recent launch of a U.S. dollar-pegged stablecoin by the eminent payment giant, Paypal. Exploring the Promise of Stablecoins Chairing the distinguished House Financial Services Committee, McHenry embraced this momentous...