Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’s L2

In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged stablecoin PayPal USD (PYUSD). In line with expectations, the launch has ignited a complex debate within the crypto community.Ethereum&rsquo ...

Bitstamp to suspend trading of major altcoins for US users

Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND) and Solana (SOL) for customers residing in the United States beginning Aug. 29.According to the Aug. 8 announcement, trading of the ...

Bitstamp now included on FCA’s list of registered crypto firms

The United Kingdom arm of cryptocurrency exchange Bitstamp has joined the list of registered firms under the country’s Financial Conduct Authority.According to the FCA list of registered crypto-asset firms as of June 13, Bitstamp U.K. Limited and Interactive Brokers Limited became th ...

Ripple Acquires Stake in Pantera Capital from Bitstamp in Strategic Move

Cryptocurrency payment system platform Ripple acquired a stake in Pantera Capital from cryptocurrency exchange Bitstamp. This was reported by Galaxy Digital, which was involved in the deal. The Galaxy Digital team clarified that it advise ...

Court Orders Freeze of Cryptocurrency Assets and Accounts

A recent court ruling has put a stop to all cryptocurrency-related activities on major platforms, such as Binance, Crypto.com, Bitstamp, and Kraken. The decision was made in response to a request from the liquidator of the defunct cryptocurrency platform Globix, who sought to freeze all digital a ...