SEC requests extra $158M from federal budget to police crypto’s ‘Wild West’ <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDMvN2JlMzEyOWItYjFkNi00Y2Y3LThmMmYtZWFmMWRiYWNiMmY4LmpwZw==.jpg">Part of the funds would hire staff across SEC divisions, with one job dedicated to crypto and another to help with the increased lawsuits the agency faces. image
Cointelegraph
SEC requests extra $158M from federal budget to police crypto’s ‘Wild West’
The SEC’s asked to up its 2025 budget to hire more staff, lawyers and a dedicated retail-facing staffer that answers crypto-related complaints.
Palau’s Ripple-supported stablecoin pilot achieves positive results <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMTIvYTQzMmUyZDgtYjkwNC00Y2QxLWIwYTktOWI5ZWYxMTQ4MjQ1LmpwZw==.jpg">The U.S. dollar-pegged Palau Stablecoin was used by 168 volunteers for $100 of retail purchases in three months. image
Cointelegraph
Palau’s Ripple-supported stablecoin pilot achieves positive results
Palau has published the report on the first phase of its stablecoin pilot program that ran for three months earlier this year.