plan
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Regulation
Regulatory victory for Paxos as Singapore approves US dollar stablecoin plan
Paxos has secured an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for Paxos Digital Singapore. This approval…
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Regulation
Failed Crypto Lender Celsius To Create New Company for Creditors as US Judge Approves Bankruptcy Plan
A US judge has approved a bankruptcy plan for a crypto lender that filed for bankruptcy in July 2022 after…
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Scams
DOJ Announces Plan To Control $54,000,000 in Crypto Allegedly Obtained in Illegal Narcotics Scheme
The U.S. Department of Justice (DOJ) is announcing a plan to seize millions of dollars worth of crypto that was…
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Altcoins
Celsius creditors vote in favor of reorganization plan
contributor Posted: September 26, 2023 Creditors would receive approximately $2 billion in crypto assets from the insolvent crypto lender. Celsius…
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Regulation
SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan
The U.S. Securities and Exchange Commission (SEC) on Sept. 23 filed an objection to part of a reorganization plan advanced…
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Analysis
Terra Validator Opposes USTC Burning, Pushes Alternative Plan To Regain Dollar Peg
A Terra Classic community member with the X handle Rexyz has kicked against burning USTC tokens to enable the stablecoin…
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Analysis
Crypto Exchange Gemini Says Investment Giant DCG Is Using Misleading Assertions in Bankruptcy Plan
Digital asset exchange Gemini says venture capital firm Digital Currency Group (DCG) is engaging in deceptive practices to avoid fulfilling…
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Analysis
MakerDAO Explores Tokenized T-Bills With $100 Million Allocation Plan
Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has…
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Analysis
Brian Armstrong Says Coinbase Staying in the US, Asserts There’s No ‘Break-the-Glass Plan’: Report
The chief executive of Coinbase is reportedly saying that the crypto exchange platform is staying put in the US, adding…
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Regulation
FTX CEO Says Embattled Exchange Ready for Bankruptcy Plan That Will Extinguish FTT Token Claims
The bankrupt crypto exchange FTX has submitted a draft reorganization plan to the courts to pay back creditors. The draft…
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