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Latest from Sheldon Reback
PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin
In August, PayPal said it would introduce its own U.S. dollar-pegged stablecoin, PayPal USD.

Swiss National Bank to Work With SIX Digital Exchange, 6 Banks on Wholesale CBDC Pilot
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.

St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum
The first tier of customers will be wealth-management clients; retail customers are next in line, and other coins and staking services are planned, said SEBA Bank's Christian Bieri.

First Mover Americas: Trading Giants Like Jane Street Might Support Blackrock’s BTC ETF
The latest price moves in crypto markets in context for Nov. 1, 2023.

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain
The tokens were moved to Binance and Coinbase overnight in accordance with a bankruptcy court order allowing the sale of some FTX assets, data from Spotonchain show.

CFTC Awards $16M to U.S. Whistleblowers; Most Tips Were Crypto-Related
Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said.

BitGo Granted German Crypto Custody License by BaFin
BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.

Celestia Airdrops TIA Token as Network Goes Live, Claims Start of 'Modular Era'
Celestia has released its mainnet beta after issuing tokens to 580,000 users.

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.

Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis
Such consolidations generally end with an upward breakout, one observer said.
