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Former Blockchain Exec Joins SEC Leadership
The US Securities and Exchange Commission (SEC) has appointed Jamie Selway, former global head of institutional markets for Blockchain.com, as its new Director of Trading and Markets. Additionally, Brian Daly, a partner from a Washington D.C. law firm with crypto experience, will lead the investment management division. These hires signal the SEC's increasing focus on…
SEC Repeals Key Biden-Era Crypto Rules
The main US financial watchdog, the SEC, has withdrawn over a dozen rules proposed when Joe Biden was president. This includes two important rules for crypto. One rule would have made it harder for certain online crypto systems (DeFi) to operate, and another would have made it stricter for who can hold your crypto. This…
USDC Stablecoin Now Live on XRP Ledger
Circle's USDC, the second-largest stablecoin, has officially launched on the XRP Ledger (XRPL). This integration allows XRPL users to access the dollar-pegged token and utilize XRP as a bridge for transfers between decentralized exchanges. The move aims to connect traditional finance with crypto, supporting broader utility as stablecoin regulations are increasingly discussed.
Tencent Explores Buying Gaming Giant Nexon
Chinese tech giant Tencent is reportedly in talks to acquire Nexon, the South Korean gaming company behind MapleStory . This potential deal follows renewed interest in MapleStory , which recently integrated blockchain technology. While discussions are ongoing, no agreement is finalized. The move would significantly expand Tencent's global gaming footprint.  …
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