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Leading House Democrat Maxine Waters says she is “deeply concerned” about PayPal’s move this week to launch its own stablecoin.

The Bank of England has also started recruiting for its central bank digital currency engagement forum.

The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.

High U.S. Treasury interest rates are a powerful short-term motivator. Everything else is theory.

The SEC should turn down a slew of spot bitcoin exchange-traded fund applications, according to letters by an NGO.

Curve, a leading decentralized exchange on Ethereum, was hacked for $70 million in July. Questions continue to linger around the platform’s long-term viability and potential contagion risk.

Base’s wider network launch follows its testnet debut in February and the subsequent developer-only release in July

The big U.S. crypto exchange Coinbase says its blockchain is the first ever to be launched by a publicly traded company, and represents a major push into a new revenue opportunity.

Coinbase’s layer 2 network is celebrating its launch with Onchain Summer, a multi-week series of Web3 activations across art, gaming and music.