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Breaking: U.S. SEC Ends Four-Year Investigation Into Aave Amid Ongoing DAO Saga The SEC has ended the investigation with no plans to bring an enforcement action against the DeFi protocol. The commission earlier launched the investigation to determine if the AAVE token was a security. This comes as Aave Labs clash with DAO members over CoW swap fees. AD Buy $COINDEPO and earn upto 27% APR The U.S. Securities and Exchange Commission (SEC) has ended its 4-year investigation into Aave Protocol, a development which comes as Aave Labs clashes with DAO members over the CoW swap fees. The AAVE price remained largely unchanged despite this development, which confirms that the token is not a security. #BinanceBlockchainWeek #DireCryptomedia #Write2Earn $BTC $ETH

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#USNonFarmPayrollReport US job growth beats expectations in November; unemployment rate at 4.6% WASHINGTON — U.S. job growth rebounded in November after nonfarm payrolls declined in October because of government spending cuts, but the unemployment rate was at 4.6% as the labor market weakens against the backdrop of economic uncertainty stemming from President Donald Trump’s aggressive trade policy. The delayed employment report for November and a partial update for October published by the Labor Department’s Bureau of Labor Statistics on Tuesday did not include the unemployment rate and other metrics for October after the 43-day shutdown of the government prevented the collection of data from households. Nonfarm payrolls increased by 64,000 jobs last month, the BLS said. The economy shed 105,000 jobs in October, reflecting the departure of more than 150,000 federal employees who took deferred buyouts as part of the Trump administration’s push to shrink the government’s footprint. Most of them dropped off government payrolls at the end of September. Payrolls were not impacted by the furloughing of workers during the longest shutdown in history as they were retroactively paid when the government reopened. The unemployment rate was at 4.4% in September. The BLS made changes to weights for labor force estimates because no data was collected in October. Ahead of the employment report, the BLS said November labor force estimates “will have slightly higher variances than usual,” adding the weighting change “will not be needed for the December estimates, which will return to the usual composite weighting methodology.” #USJobsData #DireCryptomedia #Write2Earn $BTC $ETH

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FDIC to Unveil Plan on How Banks May Apply to Issue Stablecoins The Federal Deposit Insurance Corp. is proposing a framework that outlines how banks would be able to apply to issue payment stablecoins via a subsidiary, a key first step from the agency towards implementing landmark legislation. The plan, which is subject to public consultation before it can be finalized, would spell out how certain lenders can apply in order to get the regulator’s nod. Acting Chair Travis Hill said in a statement the “tailored” process would allow the FDIC to evaluate the safety and soundness of an applicant’s proposed activities. #BinanceBlockchainWeek #DireCryptomedia #write2earn🌐💹 $BTC $ETH

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