Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo
On Wednesday, the cost big Paypal introduced that the stablecoin PYUSD is now accessible on Venmo. Paypal detailed that the stablecoin asset shall be accessible...
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
Paypal has launched its personal stablecoin, representing the primary enterprise of its form by a number one monetary agency. Initially reported by Bloomberg, the launch...
US State of Minnesota Okays Crypto Donations to Political Campaign Committees
Minnesota has turn into one of many few U.S. states to allow crypto donations to political marketing campaign committees. However, in accordance with the state’s...
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
Payments behemoth Paypal has disclosed in a Form 10-Q monetary report filed with the U.S. Securities and Exchange Commission (SEC) that it’s holding practically $1...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
After the American monetary know-how large Paypal rolled out crypto funds final yr, the corporate is now introducing cryptocurrency switch companies to Venmo customers. The...
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing points with the centralized fee processor Venmo. His tweet was adopted by...
US Government Delays Tax Reporting Rules for Cryptocurrency Brokers
The enforcement of a requirement for brokers to report features made by crypto buyers has been postponed by the U.S. Treasury Department and the IRS....
Paypal’s Venmo Launches ‘Cash Back to Crypto’ Feature to Auto Purchase Cryptocurrencies
Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with...
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed....