PayPal 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 ...

PayPal USD is issued by Paxos Trust Company and backed by dollar deposits and similar cash holdings, the online payments giant said in a re...

While stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility - have been around for y...

Digital payments firm PayPal Holdings on Monday launched a US dollar stablecoin in a bid to push for crypto adoption for its payments and t...

One of the sources, a person with direct knowledge of Binance's group finances, said the sums ran into billions of dollars and commingling ...

The network’s presence helped fuel the institutional adoption boom that made the most recent crypto bull market possible. Its shutdown thre...

The exodus threatens Silvergate’s SEN network, the bank’s key source of deposits and a platform for crypto participants to transfer money a...

Paxos Trust Company, which issues Binance USD, said on Feb. 13 that the U.S. Securities and Exchange Commission (SEC) had told the company ...

"This is unlikely to represent a critical large structural change to the market, for now," said Vetle Lunde, analyst at Arcane Research. He...

In the past week, the clampdown has taken its toll. The international exchange experienced a net outflow of $1.9 billion in assets, accordi...

The firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it s...

Stablecoins, a fast-growing breed of crypto, have emerged as a common medium of exchange, often used by traders seeking to move funds aroun...

Coins backed by gold are newer variants of "stablecoins", which are typically pegged to the dollar to tame volatility. The largest, Pax Gol...

US clients of the brokerage will now be able to trade and custody bitcoin, ethereum, litecoin and bitcoin cash alongside stocks, options, f...

Venmo 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

Tesla founder and CEO Elon Musk, who also helped launch PayPal, has expressed enthusiasm about cryptocurrencies online and industry sources...

Bitcoin, first instrument to use blockchain, has more than quadrupled in 2017.