Tether has appointed former PayPal executive Jesse Spiro as its head of government affairs to lead policy and engagement with lawmakers, regulators, and key stakeholders. Stablecoin issuer Tether (USDT) is expanding its government relations efforts with the appointment of Jesse…
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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted. SEC Charges crypto.news
Moody’s Report Highlights DePIN Potential Amid Regulatory Challenges
COINOTAG news, September 18, rating agency Moody’s released an inaugural report on DePIN (decentralized physical infrastructure) on Tuesday, highlighting its potential to revolutionize existing networks through expansion and innovation. According crypto.news