Would the real USDP please stand up? Last month, Paxos, the issuer of the seventh-largest stablecoin in the $2 trillion global cryptocurrency market, renamed the token, previously called the Paxos standard, to the Paxos dollar. As part of the rebranding, the crypto exchange changed the ticker symbol from PAX to USDP. There was one hitch: Another stablecoin was already using the ticker. You’re reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every…
Day: September 5, 2021
ICO fines Glasgow company for making half a million nuisance calls
The Information Commissioner’s Office (ICO) has fined Glasgow-based company DialADeal Scotland Ltd (DDSL) for making more than half a million nuisance marketing calls. The unsolicited calls were about non-existent Green Deal energy saving schemes including boiler and window replacement, loft insulation and home improvement grants. These were made to telephone numbers which had been registered with the Telephone Preference Service (TPS) where people had not given their permission to receive them – this is against the law. The calls, which were made between August 2019 and March 2020, generated more…