PayPal Suspends Cryptocurrency Purchases for UK Users: New FCA Rules Prompt Decision
U.K. users will not be able to buy cryptocurrencies through Paypal from October 1, 2023. The functionality is planned to be restored in early 2024, the exact date is unknown. PayPal made this decision due to the introduction of new FCA rules, media reports said. ...
Stablecoin Issuers Spend Millions Lobbying for Cryptocurrency Legislation in the United States
Stablecoin issuers, including Tether and Circle, have spent more than $1.3 million lobbying for cryptocurrency legislation in the United States since the beginning of 2022. Stablecoins have recently become the focus of U.S. lawmakers trying to develop a regulatory framework ...