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Paul Thornton

Paul Thornton is a part of CryptoLighty's news reporting team. He holds bachelor degree in economics and sociology. He is strongly engaged in writing and trading in cryptocurrencies. He is involved in crypto from last 3 years. Before that, he was avid trader and analyst for forex markets.

Stablecoins May Qualify As Money As Per Texas Financial Regulator

According to a Supervisory Memorandum published, Stablecoins may be considered as money by Texas Department of Banking under Texas laws and license requirements. Charles Cooper, Texas Banking Commissioner, talked about how to treat virtual currencies under federal as well as local regulations. He particularly mentioned the introduction of Stablecoins to the market & details regarding […]