Analysis-Why PayPal's stablecoin is likely to succeed where Facebook's Libra failedThe move, which comes as PayPal transitions to a new CEO announced last week, seems risky after Facebook's stablecoin was crushed by politi...
21 Aug, 2023, 03.44 PM IST
Why PayPal's stablecoin is likely to succeed where Facebook's Libra failedPayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to ...
21 Aug, 2023, 03.37 PM IST
Congresswoman Maxine Waters 'deeply concerned' with PayPal's stablecoin launchEarlier this week, PayPal became the first major financial technology firm to embrace digital currencies for payments and transfers with th...
10 Aug, 2023, 10.14 AM IST
PayPal debuts US dollar-backed stablecoin for paymentsPayPal USD is issued by Paxos Trust Company and backed by dollar deposits and similar cash holdings, the online payments giant said in a re...
08 Aug, 2023, 09.08 AM IST
PayPal becomes first major fintech to launch dollar-backed stablecoinWhile stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility - have been around for y...
07 Aug, 2023, 10.02 PM IST
PayPal pauses stablecoin work amid regulatory scrutiny of cryptoPayPal had hoped to debut the stablecoin, which will be backed one for one by the dollar, in the coming weeks, Bloomberg reported, citing a...
11 Feb, 2023, 10.50 PM IST
Crypto week at a glance: Bitcoin continues to wobbleAfter a downside correction, the price of Bitcoin settled above $20,000 level again. However, BTC is still facing several obstacles on the ...
26 Jun, 2022, 01.08 PM IST
- Facebook ex-crypto boss starts Bitcoin firm backed by A16z, Paradigm
David Marcus, the former head of Meta’s crypto operations has launched his own Bitcoin-based startup, Lightspark, to expand Bitcoin’s use c...
13 May, 2022, 11.57 AM IST
PayPal inches up on enabling crypto payments for shoppingDigital payments co PayPal up 0.5% at $201.55 in early U.S. premarket trading after it enables bitcoin payments to shop at the millions of ...
19 Nov, 2021, 05.08 PM IST
PayPal launches crypto buying and selling in the UKThe roll-out, which marks the first international expansion of PayPal's cryptocurrencies services outside of the United States, could inspi...
23 Aug, 2021, 08.46 AM IST
Vauld raises $25 million in funding led by Peter Thiel's Valar VenturesExisting investors Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner, and Cadenza Capital among others also par...
29 Jul, 2021, 04.33 PM IST
Paytm Payments Bank pulls the plug on crypto exchanges in IndiaPaytm Payments Bank will not allow people to buy and sell crypto assets through its platform from Friday evening when it will stop dealing ...
21 May, 2021, 06.37 PM IST
Blockchain, cryptocurrency can help democratise financial services: PayPal CTOPayPal CTO Sri Shivananda said the infrastructure being built by the company will not only support digital currencies, but the intent over ...
20 May, 2021, 02.17 PM IST
WeWork to begin accepting payments in cryptocurrenciesWeWork is the latest in a string of popular companies to announce plans to incorporate cryptocurrencies in their businesses.
20 Apr, 2021, 05.50 PM IST
PayPal's Venmo launches crypto buying and sellingVenmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1 and publish transactions on the app's feed
20 Apr, 2021, 04.08 PM IST
PayPal launches crypto checkout serviceCustomers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat...
30 Mar, 2021, 08.54 PM IST
PayPal launches crypto checkout serviceCustomers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat...
30 Mar, 2021, 03.29 PM IST