PayPal News

Transak has announced the listing of PayPal’s stablecoin, PayPal USD (PYUSD), on its platform. Transak users can now purchase PYUSD using their preferred local payment methods.  This integration was a strategic move aiming to overcome the core challenge of wider…

Cloud-based multi-asset platform Uphold has begun notifying some of its customers about its decision to suspend support for Tether’s USDT, and Gemini’s GUSD among other stablecoins. Multi-asset trading platform Uphold will cease support for a basket of stablecoins due to…

Online payment giant PayPal has announced that its PYUSD stablecoin has officially launched on the Solana blockchain. The company revealed its stablecoin network expansion in a press release. The decision would make PYUSD faster and cheaper for people to use.…

MoonPay announced today that its U.S. users can now buy and sell more than 110 cryptocurrencies through PayPal.

Paypal plans to reward Bitcoin mining firms who take steps to reduce the environmental effects of their operations. PayPal’s Blockchain Research Group, in partnership with Energy Web and DMG Blockchain Solutions, has proposed utilizing “cryptoeconomic incentives” to encourage Bitcoin miners…

PayPal is set to alter its protection policies for NFT transactions, marking a striking shift from its previous stance of supporting the tokens.

PayPal's international payment service, Xoom, will allow U.S.-based users to send money overseas using PayPal's stablecoin, PYUSD. 

Kirkland & Ellis — Celsius' legal counsel — shared an update on the creditor fund distributions outlined in the restructuring plan.

International payment giant PayPal has completed its first investment using its stablecoin PayPal USD (PYUSD). In a press release on Jan. 29, the San Jose-headquartered payment company said that its investment branch, PayPal Ventures has thrown its support behind Mesh,…

Upland distributed over $13.5 million to players' PayPal accounts in December 2023

A spokesperson for PayPal confirmed to Reuters that the company had received a subpoena tied to its U.S. dollar stablecoin. Payments giant PayPal received an investigative subpoena from the U.S. Securities and Exchange Commission (SEC) regarding its stablecoin tied to…

According to an Oct. 31 update, PayPal UK Limited secured registration as a cryptoasset business by the Financial Conduct Authority (FCA).

Lucy Castledine, the FCA’s director of consumer investments, said violations will be tracked on an hourly basis.

Crypto.com exchange is collaborating with PayPal and Paxos to further the development of PYUSD stablecoin

Venmo, the peer-to-peer payment app, is set to offer PayPal USD (PYUSD), an ERC-20 stablecoin, in the coming weeks. This move integrates PYUSD into the Venmo platform, creating a seamless channel for transferring assets between millions of users. According to…

Bybit, a Dubai-based cryptocurrency exchange, has announced the listing of PayPal USD stablecoin, PYUSD. PYUSD is a stablecoin issued by Paxos, a New York-based regulated financial company. The listing of PYUSD marks a significant collaboration between Bybit and PayPal, two…