The SEC has decided not to take enforcement action against Paxos over its BUSD stablecoin. This decision came over a year after the SEC sent Paxos a Wells notice, and it was through Jorge Tenreiro, the acting chief of the crypto assets and cyber unit. The decision also follows a small defeat for the SEC […] source: https://www.cryptopolitan.com/sec-clears-paxos-rules-busd-not-a-security/

The SEC has decided not to take enforcement action against Paxos over its BUSD stablecoin. This decision came over a year after the SEC sent Paxos a Wells notice, and it was through Jorge Tenreiro, the acting chief of the crypto assets and cyber unit. The decision also follows a small defeat for the SEC […] source: https://www.cryptopolitan.com/sec-clears-paxos-rules-busd-not-a-security/

The BRICs countries announced in March 2024 that they have plans to develop their own payment system the next three years, with more countries joining, the recent being Malaysia. In a report by the Russian News Agency, the BRICS group, comprised of Brazil, Russia, India, China, and South Africa, was noted as working on creating […] source: https://www.cryptopolitan.com/brics-cbdc-replacing-petrodollar/

Key takeaways Pendle (PENDLE) is innovating the DeFi space by enabling the trading of future yields. This unique approach helps users maximize returns through advanced smart contracts and seamless integration with other DeFi platforms. The recent progress of Pendle such as smart contract updates, and strategic partnerships marks its growth and commitment to innovation. Will […] source: https://www.cryptopolitan.com/pendle-price-prediction-2024-2030/

The UK's crypto ETNs, launched on the London Stock Exchange, have seen very low trading volumes. source: https://www.cryptopolitan.com/uks-crypto-etn-is-turning-out-to-be-a-flop/

Bitcoin educator Anita Posch tested the Blixt, Green, Mutiny, Phoenix and Zeus Lightning wallets while traveling in Zimbabwe. source: https://www.coindesk.com/consensus-magazine/2024/01/26/which-is-the-best-self-custody-lightning-wallet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase Cloud announced the launch of Coinbase Embedded Wallet, a wallet-as-a-service solution on the X platform. This is an enterprise-grade solution for developers to create white-label, non-custodial crypto wallets that are easy to create and use.

According to The Block, the self-hosted lightning wallet Mutiny Wallet has entered the public beta stage and does not need to be downloaded through the Apple or Google App Store. Mutiny Wallet said it leverages Jack Dorsey’s Block’s Lightning Development Kit project, which provides developers with customizable control over every aspect of the Lightning stack, including the ability to compile for the network. To simplify liquidity management for users, Mutiny is also partnering with Lightning infrastructure project Voltage to help users receive payments without having to worry about opening channels or managing liquidity. This means users can receive their first Lightning payments within seconds of launching the app. Mutiny stated that unified balances are the ultimate goal of the wallet, but currently the wallet still separates funds locked in Lightning channels from funds currently available for on-chain spending. Mutiny Wallet uses mnemonic phrases to secure on-chain funds and provides encryption and remote storage to restore users' Lightning-related data when clearing browser storage or migrating devices. In the future, Mutiny plans to allow the same wallet to be used on multiple devices simultaneously. Mutiny Wallet also integrates with Nostr Wallet Connect, allowing users to request payments directly from the wallet, facilitating social tipping on Nostr clients like Damus and Amethyst, and enabling further decentralized payment integrations like subscriptions. While payments currently require manual approval, Mutiny Wallet plans to roll out automated payments in the future. Mutiny Wallet admits that some bugs and limitations may still be encountered during the beta phase, so caution should be exercised when transferring large amounts of funds to the wallet in the early stages.

Coinbase Cloud announced that its wallet as a service (WaaS) is live on the Ethereum mainnet. Wallet as a Service (WaaS) provides a set of wallet infrastructure APIs that allow businesses to create and provide customers with native access to Web3 wallets within their applications. Through this service, users only need to use a username and password to create, access and restore wallets, and its WaaS uses multi-party computing (MPC) technology to help protect user assets, and also supports users to export their keys outside the platform at any time. Coinbase senior software engineer yuga.eth said that the service was only open to the test network before, and plans to support more networks in the future after the Ethereum mainnet is launched. Previously, Coinbase launched a "wallet-as-a-service" business in March this year.