
CoinDesk Podcast Network COINDESK DAILY: SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
Aug 27, 2024
A California judge has ruled that the SEC's lawsuit against Kraken will proceed to trial, raising significant implications for the crypto market. Meanwhile, PayPal's stablecoin, PYUSD, has made headlines by surpassing a $1 billion market cap. The podcast also reports that Celsius' bankruptcy administrator has distributed over $2.5 billion to creditors, showcasing ongoing financial maneuvers within the cryptocurrency sector.
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