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New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms – Regulation Bitcoin News

A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry, Commissioner Peirce Cautions U.S. Securities and Exchange Commission (SEC) Commissioner

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PayPal CEO Discusses ‘Expansive’ Digital Wallet Plans on Q3 Earnings Call

PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the payments giant’s third-quarter earnings call Monday evening.When talking about central banks creating retail-facing digital currencies, PayPal CEO Dan Schulman said the company was looking to create “the most expansive and compelling digital wallet in the world.” Schulman

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