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Coinbase to invest in Circle, shut down jointly managed Centre

With growing regulatory clarity for stablecoins in the United States and around the world, the requirement of a separate governance body like Centre is no longer needed, Coinbase said in a blog post.Circle will take full control over USDC issuance and governance. In the case of the USDC, the value was pegged to the dollar. The company is launching USDC on six new blockchains between September and October, bringing the multi-chain access of USDC up to 15. ....

United States , Pratyush Thakur , Maju Samuel , Centre Consortium , Circle Internet Financial , Centre Consortium , Usd Coin ,

Coinbase Layer 2's friend.tech overtakes Tron and Uniswap in 24-hour fees

Coinbase’s Layer 2 solution is once again at the forefront due to friend.tech’s popularity. The newly launched project has generated $1.12 million in ....

Coinbase Layer , Venture Capital Paradigm , Fillama Defi , Dune Analytics ,

Tornado Cash Is An Association, Says Texas Court

A detailed look into the judge’s reasoning that led to the dismissal of all the claims made by the plaintiffs against the U.S. Treasury in the Texas Tornado Cash case. ....

Paul Grewal , International Emergency Economic Powers , Office Of Foreign Assets , Foreign Assets Control , International Emergency Economic Powers Act , Free Speech Clause , Tornado Cash , Chief Legal Officer Paul Grewal , Us Treasury ,