PayPal Stablecoin Launch; Bitcoin ETF Delay; SEC vs. Ripple Update

APT Beginner News Regulation +3 more

Key Takeaways

  • PayPal launched a stablecoin that’s redeemable 1:1 for U.S. dollars. An encouraging development given PayPal halted this project earlier in the year due to regulatory uncertainty.
  • As expected, the SEC delayed a decision on the ARK 21Shares Bitcoin ETF application. Next deadline is November 11.
  • The SEC plans to appeal a recent court decision involving Ripple Labs. This was always a possibility, considering the case’s potential consequences on the various lawsuits the SEC currently has against crypto businesses.

00:00 Intro
00:30 Market Update
04:30 PayPal
13:10 SEC
17:30 Coinbase’s Base
22:50 Banks
25:20 Microsoft & Aptos
28:00 growthepie.xyz

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