PayPal Dubs Blockchain 'The New Financial Rail,' Promises 'Innovation In Payments'
PayPal said its stablecoin, PYUSD, is just the "next evolution" toward its goal of continuously providing customers with "trust, confidence and ease."
SEC Subpoenas PayPal Over PYUSD Shortly After Fintech Giant Secures UK Crypto License
The SEC's enforcement action came a few months after PayPal officially launched its stablecoin dubbed PayPal USD (PYUSD).
Stocks Rebound On Lower Bond Yields, Better Earnings
U.S. stocks staged a strong rebound on Wednesday afternoon, following a sharp drop in bond yields. The rebound continued in pre-market trade on Thursday.
PayPal Eyes Layer-2 Network And NFT After Launching PYUSD Stablecoin
Four patent applications filed this month underlined PayPal's interest in layer-2 and non-fungible tokens.
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Paxos Confirms It Mistakenly Paid $500K In Bitcoin Fee, Blames The 'Fat Finger' On Internal Bug
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PayPal Introduces New Web3 Payment Solution That Converts Crypto To USD
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PayPal Confirms Making A Move To Push PYUSD Into DeFi Ecosystem
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Stablecoin Giants Tether, Circle Respond To PayPal's PYUSD Launch With Optimism
More news
US Lawmaker Emphasizes Potential Of Stablecoins As PayPal Launches PYUSD
McHenry noted that stablecoins can only achieve their full potential if "clear regulations and robust consumer protections" are available, underlining the importance of Congress enacting legislation that would "provide comprehensive digital asset regulation, especially for stablecoins."
Paypal Reveals Over 50% Increase In Cryptocurrency Holdings In Q1 2023
PayPal treats its crypto assets as a "safeguarding liability" because of the "unique risk associated" with it.
PayPal Reportedly Pauses Crypto Project Amid Regulatory Scrutiny Of Key Partner Paxos
Rumors about the stablecoin project started making rounds when a code for a USD-backed coin was uncovered in the company's official application last year.
Tech Layoffs: PayPal Joins List Of Cost-Cutting Companies, Slashes 7% Of Workforce
PayPal joined the growing list of tech giants to announce layoffs as it will slash 7% of its workforce.
PayPal Hacked: 35,000 Accounts Breached In Credential Stuffing Attack
The widespread password reuse among its customers was to blame for a significant breach of personal data, according to PayPal.
Elon Musk's 3 Biggest Tech Failures
From getting fired from his own company to the time Tesla nearly went bankrupt, Elon Musk has had his share of failures too.
IRS Says Tax Refunds May Be Lower Amid Requirements To File Income From Third-Party Networks
New tax laws will significantly affect the 2022 tax-filing season.
PayPal Aims To Boost App Usage: Will Allow Customers To Transfer Certain Cryptocurrencies
PayPal aims to boost the usage of its app and will now allow selected users in the United States to transfer crypto using their accounts to other users or other exchanges and wallets.
Celebrities, Industry Bigwigs Inject $86.7M Funds Into MoonPay, Boost Valuation To $3.4B
The latest round of investment is supposed to help MoonPay become Paypal's counterpart in the cryptocurrency space.
'Cryptocurrencies Will Redefine The Financial World,' Says PayPal CEO
As per reports that surfaced in January this year, PayPal Holdings noted that it was exploring the launch of its own stablecoin as part of its cryptocurrency push.
PayPal Confirms Its Looking To Launch Its Own Cryptocurrency
As various companies continue to explore the world of crypto, PayPal is reportedly considering launching its own cryptocurrency. The potential coin would be backed by the U.S. dollar.
Could You Be Taxed For Payments On Apps? How A New Rule Could Affect Payments
A new rule under the American Rescue Plan to go into effect Jan. 1, 2022 could affect how and when users report taxable income on payment apps like PayPal.
Paypal To Acquire Pinterest For $45 Billion, Companies In Late-Stage Talks: Report
Pinterest, the digital pinboard company founded in 2009, first went public in April 2019.
To Keep Pace With Industry, PayPal Considers Entry Into Stock Trading
PayPal is looking to consider entering the growing field of individual stock trading at a time when rivals are jumping in and regulators are increasing their interest.
PayPal And Fiserv Come Together For New Direct Deposit Option: Gig Workers Will Benefit
PayPal and Fiserv just made receiving checks easier for gig workers.
Why PayPal Raised Its Processing Fees -- And Why It Could Backfire
Is the fintech giant's price hike a show of strength or a fatal mistake?
Venmo, PayPal, And 19 Other Online Payment Apps For Buying And Selling Cryptocurrency
Venmo customers can now buy or sell Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in the app as well as make transactions.
How To Make PayPal Payments Using Cryptocurrency
PayPal started accepting Bitcoin, Litecoin, Ethereum, or Bitcoin Cash for payments on Tuesday in the U.S.
PayPal Acquiring Cryptocurrency Security Company Curv
The deal adds more muscle to the company's digital currency efforts.
PayPal's Billion-User Aspiration Is Now Within Its Sights
Management's investor day presentation makes the case for accelerating user growth.
5 New PayPal Products Coming In 2021
The company plans to build on its momentum from last year with new products.
PayPal Says Halting Online Payment Services Within India
PayPal says halting online payment services within India
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