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  • Crypto Buzz: Singapore Approves Paxos, Philippines Accepts USDT, Silvergate Settles, Circle Wins EU License

Crypto Buzz: Singapore Approves Paxos, Philippines Accepts USDT, Silvergate Settles, Circle Wins EU License

Our Canary brings today’s chirpy headlines. First up, Paxos got the green light from Singapore to offer their stablecoins. Meanwhile, the Philippines is spreading its wings and accepting Tether's USDT for social security payments. Over in the US, Silvergate settled with the SEC for $50M after facing charges. And finally, Circle can celebrate a major win - they became the first company to receive a European license for stablecoins!

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