PayPal

paypal-receives-greenlight-to-conduct-‘certain-crypto-asset-activities’-in-the-united-kingdom
Posted by | November 3, 2023
PayPal Receives Greenlight To Conduct ‘Certain Crypto Asset Activities’ in the United Kingdom

Global payments giant PayPal just secured a license from financial regulators in the United Kingdom to operate as a crypto asset business. According to the Financial Conduct Authority (FCA) website,...

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paypal-says-it-has-received-a-subpoena-from-the-sec-over-the-pyusd-stablecoin
Posted by | November 2, 2023
PayPal Says It Has Received a Subpoena From the SEC Over the PYUSD Stablecoin

Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document, PayPal says that the...

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paypal-uk-unit-registers-as-crypto-service-provider
Posted by | November 1, 2023
PayPal UK Unit Registers as Crypto Service Provider

Payments giant PayPal has successfully registered with the U.K. Financial Conduct Authority as a crypto service provider, the regulator's website shows. Paypal UK Limited, which was entered into the registry...

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what-crypto-can-learn-from-regulatory-overhauls-at-paypal,-robinhood-and-revolut
Posted by | October 19, 2023
What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut

Concerns that over-regulation can stifle innovation and hinder the growth of Web3 are valid. But proper rules and laws can equally save and supercharge crypto. This op-ed is part of...

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bitcoin-is-the-only-‘neutral-internet-money’-there-will-ever-be,-says-ex-paypal-president-david-marcus-–-here’s-why
Posted by | October 13, 2023
Bitcoin Is the Only ‘Neutral Internet Money’ There Will Ever Be, Says Ex-PayPal President David Marcus – Here’s Why

The former president of PayPal and ex-Facebook vice-president, David Marcus, says Bitcoin (BTC) is in a class of its own compared to other crypto assets. In an appearance on the...

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paypal-applies-for-nft-marketplace-patent-for-on-or-off-chain-asset-trading
Posted by | September 28, 2023
PayPal applies for NFT marketplace patent for on- or off-chain asset trading

PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider. 6509 Total views 20 Total shares PayPal made major progress toward creating its...

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tether-co-founder-sizes-up-paypal’s-stablecoin-ambitions
Posted by | September 18, 2023
Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions

Tether co-founder Quigley says PayPal’s stablecoin ambitions are driven largely by potential savings on trillions of dollars worth of multicurrency transactions.When he helped found Tether, Quigley, who also invested in...

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paxos-confirms-it’s-responsible-for-$500k-mistaken-bitcoin-transaction
Posted by | September 13, 2023
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction

The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated. 5234 Total views 31 Total shares The account that overpaid $500,000 in...

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paxos-confirms-it’s-responsible-for-paying-a-$500k-bitcoin-transaction-fee
Posted by | September 13, 2023
Paxos confirms it’s responsible for paying a $500K Bitcoin transaction fee

The account that paid $500,000 in fees to move $2,000 worth of Bitcoin was a Paxos server, the company stated. 9992 Total views 42 Total shares The account that overpaid...

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paypal-pyusd-stablecoin-is-100%-backed:-paxos-transparency-report
Posted by | September 13, 2023
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, a Paxos report states....

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