Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry – Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A person familiar with the matter said that Paypal has put the stablecoin concept on hold for now amid the regulatory scrutiny of the crypto industry.

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold for now amid the regulatory scrutiny of the crypto industry.that Paypal was exploring the creation of a stablecoin.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Interesting

That's better for all of us. Paypal is one big evil

WarrenDavidson SenTedBuddNC RepHuizenga PatrickMcHenry tedcruz CongressmanRaja

I haven't used PayPal since...

Nice, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

This is exactly why I only trust ChiefraFba for signals and analysis

They swap to reserve imo $RSR

Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!

Singapore Singapore Latest News, Singapore Singapore Headlines