Regulation
PayPal subpoenaed by SEC over PYUSD Stablecoin
PayPal said that it is collaborating with the SEC’s request.
Zoltan Vardai
Lens
PayPal
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Regulation
PayPal registers crypto service with UK FCA
The registration enables PayPal to advertise its crypto services to U.K. customers.
Zoltan Vardai
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DeFi News
Is TradFi’s entry into DeFi a turning point or a sign of greater battles ahead?
The pillars of Wall Street are muscling their way into crypto and decentralized finance. Who stands to benefit the most?
Robert Quartly-Janeiro
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Regulation
PayPal’s stablecoin is a big step forward for crypto’s legitimacy but not much yet for the cause
PYUSD’s launch is injecting much-needed trust into crypto's turbulent landscape, but its current form does not come with any of the benefits of real crypto, writes Danny Chong, co-founder of Tranchess.
Danny Chong
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Altcoins
SOL falls to six-week low, BNB biggest gainer despite reports of Binance violating Russian sanctions
Bitcoin recaptured the US$26,000 mark today, while Solana fell to a six-week low. BNB was the biggest gainer in the top 10, despite allegations against Binance resurfacing.
Zoltan Vardai
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Regulation
PayPal to pause UK crypto sales from October for at least 3 months
PayPal will pause cryptocurrency sales in the United Kingdom for a minimum of three months starting October 1.
Zoltan Vardai
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Bitcoin News
Weekly Market Wrap: Can Bitcoin close the week above US$29,300?
Bitcoin briefly rose above US$30,000 twice this week, but failed to remain the support level despite positive catalysts in the industry like the launch of PayPal’s new stablecoin. Bitcoin will have to close the week above US$29,300 for upward momentum, industry experts told Forkast.
Zoltan Vardai
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Altcoins
Is PayPal’s new stablecoin a watershed moment for crypto?
PayPal launches stablecoin. Traditional gamers take on NFTs. Tough times ahead for Huobi.
Forkast.News
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Bitcoin News
Bitcoin, Ether rise; Solana leads post-PayPal stablecoin launch rally; several US banks downgraded
Bitcoin rose on Wednesday morning in Asia to trade above US$29,700. Ether also logged gains along with all other top 10 non-stablecoin cryptocurrencies.
Tom Zuo
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Altcoins
PayPal launches fully backed and regulated USD stablecoin on Ethereum
Paypal, the California-based online payments giant, announced Monday that it is launching an Ethereum blockchain-based stablecoin pegged to the U.S. dollar.
Danny Park
