PayPal

Disgruntled consumers have filed a class-action lawsuit against Apple claiming the tech giant has conspired to limit peer-to-peer payment options on its devices and block crypto technology from iOS payments apps.The Nov. 17 complaint filed in a California District Court alleges Apple ...

Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator.The New York State Department of Financial Services (NYDFS) unveiled new restrictions on Nov. 15 which mandate crypto co ...

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend its supervision to consumer reporting, consumer debt collection, stud ...

Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether's 17% return over the last 30 days falls short of Bitcoin's (BTC) impressive 27% gain during the same period.Regulatory hurdles ...

Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin.The Enforcement division of the SEC has sent a subpoena to PayPal related to its PayPal USD (PYUSD) stablecoin, the firm disclosed on Nov ...

Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom.According to official FCA data, PayPal has been registered to offer “certain crypto asset activities” in the U.K. since Oct. 31, 2023.According ...

United States Senator Cynthia Lummis has scored another one for crypto with a Government Accountability Office (GAO) decision issued on Oct. 31. The GAO found that Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 should be subject to congressional review. That bulletin, issu ...

PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockchain analytics firm Nansen, roughly 90% of PYUSD is currently held in stablecoin issuer Paxos Trust's wallets. Holdings on crypto exchange wallet ...

It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services. Binance’s buy-and-sell crypto arm was shut down on Aug.16, with the crypto exchange remaining under widespread regulato ...

The companies have partnered. The agreement will see PayPal integrated into Ledger Live. Users of the app in the U.S. will be able to buy bitcoin, ether, BCH and LTC directly from a currency account, Ledger noted. Hardware wallet maker Ledger has anno ...

The companies have partnered. The agreement will see PayPal integrated into Ledger Live. Users of the app in the U.S. will be able to buy bitcoin, ether, BCH and LTC directly from a currency account, Ledger noted. Hardware wallet maker Ledger has anno ...

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. ...

A potential wave of spot Bitcoin exchange-traded funds, PayPal’s new stablecoin and a key Ethereum upgrade are among the catalysts that could wake crypto from its hibernation.While early 2023 has seen the price of Bitcoin and other cryptocurrencies improve from the second half of 2022, the ...

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 ...

Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens.According to data from decentralized exchange scanner DexScreener, nearly 30 ...

PayPal’s new Ethereum-based stablecoin, PYUSD, has been seen as bittersweet news for the crypto community. While it could finally see Ethereum find its place in mainstream adoption, it could also spell trouble for decentralization and personal control of assets, warns the community. ...

American financial technology company PayPal launched a new stablecoin called PayPal USD (PYUSD) on Aug. 7.  The U.S. dollar-pegged stablecoin will be issued by Paxos Trust Co. and fully backed by U.S. dollar deposits, short-term Treasurys and similar cash equivalents. It’s ...

The company has given an official response on the scandalous item In short, MetaMask users are not threatened Last week there was an uproar on the networks about the updated rules of ConsenSys (MetaMask owner). There is a clause stating that the company reserv ...

In a quarterly report filed with the U.S. Securities and Exchange Commission (SEC), PayPal reported that the company's crypto assets increased 56% in the first quarter of 2023. As of March 31, 2023, the company had $943 million in total crypto assets in its accounts. Of ...

PayPal's Venmo payment service, which has over 60 million customers in the U.S. alone, will add the ability to transfer in cryptocurrency. Users of PayPal's parent platform received a similar opportunity last June. PayPal clients can work with BTC, ETH, BCH and LTC, but the ...

The MetaMask cryptocurrency wallet has recently incorporated a novel feature that enables users to directly purchase cryptocurrencies with fiat currencies from the wallet. The newly added feature is now part of the decentralized Portfolio Dapp application, which permits users to link their MetaMa ...

Reports circulating on social networks claiming that PayPal is set to add support for the SHIB meme token have been denied by the company's customer support service. The rumors started when Shiba Inu, a cryptocurrency influencer who goes by the pseudonym AdRock on Twitter, asked a PayPal account ...