PayPal is deepening its footprint in the crypto space with innovations focusing on blockchain and NFT transactions, aligning with its broader cryptocurrency initiatives. Meanwhile, Su Zhu, co-founder of Three Arrows Capital, faces legal troubles in Singapore, highlighting the ongoing challenges in the crypto landscape. Concurrently, new US legislation is seeking to enhance transparency in off-chain crypto transactions, aiming to protect investors from potential fraud. Additionally, Ripple Labs is in the running as a technology partner for the National Bank of Georgia’s digital currency project, signaling possible advancements in blockchain applications. Lastly, the US SEC’s delay on decisions for Bitcoin ETFs showcases the cautious and deliberate approach regulators are taking amid growing anticipation for approvals.
