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PayPal expands stablecoin push as crypto assets factor into Q2 results

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PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment.

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Kalshi loses appeal, setting up potential Supreme Court case

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The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.

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SEC Commissioner Hester Peirce to leave post on Oct. 2

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Peirce, known as “Crypto Mom,” served on the SEC for about eight years, including as director of the Crypto Task Force.

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CFTC sues Cash FX, alleges $950M crypto-linked forex scheme

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The CFTC claimed that Cash FX engaged in minimal forex trading and misappropriated most of the participant funds.

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