The post SEC Ends Two-Year Probe Into Ondo Finance appeared first on Coinpedia Fintech News
The U.S. SEC has closed its two-year investigation into Ondo Finance, started in October 2023 under Gary Gensler, without recommending charges. The probe examined Ondo’s tokenized U.S. Treasury products like OUSG and whether ONDO tokens qualify as securities. Ondo received formal notice in late November, clearing the path for U.S. expansion after registering as an investment advisor and acquiring Oasis Pro Markets.


Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which is launching soon in app stores. MoneyGram’s digital payments app is set to launch in Colombia, offering locals a way to save in US dollar stablecoins as the Colombian peso continues to weaken.MoneyGram’s crypto service is powered by the Stellar network and leverages Crossmint for self-custody, enabling users to store the USDC (USDC) stablecoin and transfer it overseas nearly instantly. In a statement on Wednesday, MoneyGram said Colombia is the “ideal launch market” as Colombian families receive more than 22 times the money they send abroad.Read more
