Date: 2023-08-14T19:32:47Z Creator: Bitfolio Academy
PayPal goes pedal to the metal on their groundbreaking crypto strategy! The PayPal USD stablecoin is creating ripples in the world of finance. But they’re not stopping there! They’re supercharging their crypto hub to make buying and selling crypto as breezy as a California summer day. PayPal is gearing up to transform into a high-octane crypto exchange!
On the other side of the coin, the SEC and the Federal Reserve are flexing their regulatory muscles, aiming to tighten the reins on the crypto rodeo, much like a sheriff in the Wild West. The SEC, in a three to two vote, has set their sights on increasing their oversight on crypto exchanges. Meanwhile, the Federal Reserve is clamping down on banks.
Sitting squarely in the glare of the watchful SEC and Federal Reserve, SoFi, in their recent 8K quarterly filing, said that they may be compelled to call curtains on their crypto assets trading. In other words, the muscle-flexing by the SEC and the Federal Reserve might very well push SoFi to the brink!
Let me know in the comments. 🤔
💰 Join My FREE Discord Group:
https://en.bitfolio.biz/discord
🚀 Connect With Me on Social Media!
►► ► My LINK TREE ◄◄◄
https://beacons.ai/bitfolio
👍 JOIN Bitfolio Academy Coaching Community: https://bitfolio.biz/member
🔥 FREE Cyptocurrency Course: https://bitfolio.biz/course
💻 Bitfolio Academy Blog: https://blog.bitfolio.academy
💵 Send me a Satoshi: https://getalby.com/p/bitfolio
⚡️[email protected]
Crypto Sherpa 🚀
Sharing lessons on crypto as I try to minimize risks and shorten time horizons 📈
Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
#paypal #venmo #crypto #invest #bitcoin #cryptonews