PayPal to Stop Crypto Purchases in UK Until 2024
Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator.
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PayPal’s Stablecoin Is No Libra. Why the Timing Feels Right
Like Facebook’s ill-fated Libra project, PYUSD is getting some pushback in Washington D.C. But its prospects seem more promising, says Michael J. Casey.
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
High U.S. Treasury interest rates are a powerful short-term motivator. Everything else is theory.
PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto
Crypto is racked by competing ideologies, methods of building and differing aims. (Robert Larsson/Unsplash, modified by CoinDesk)
Crypto News Today: PayPal’s Stablecoin Debut, Worldcoin’s Kenyan Hurdles, and More
From PayPal’s entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy.
I Have 1M Questions About the PayPal Stablecoin. Here Are 5
(Marques Thomas/Unsplash, modified by CoinDesk)
PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.