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Another U.S. SEC Democrat to Drop Out, Leaving Republicans Running Agency by February

Advertisements Commissioner Jaime Lizárraga is leaving January 17, he said in a Friday statement, which could give Republicans a head start on what could otherwise have been months of delay in redirecting the regulator’s policies — including on cryptocurrency. At this point, Caroline Crenshaw will be the sole Democrat on the five-member commission going into 2025, and her term has …

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Sky’s USDS goes multichain with Solana launch

Advertisements Sky, formerly known as Maker, has launched its USDS stablecoin on Solana to introduce the network’s “first major Defi-native stablecoin.” According to a Nov 19 announcement, USDS is expected to enhance lending, borrowing, and trading on the network’s leading DeFi platforms, with the launch marking the first step in Sky’s strategy to “increase Solana’s DeFi liquidity and TVL.” With …

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