PayPal News

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…

A Paxos report reveals that the circulation of PayPal's PYUSD remains low but is overcollateralized

PayPal has unveiled its new Pn and Off ramps for web3 payments for merchants and businesses. The new service will enable businesses and merchants to accept cryptocurrencies from their customers. With this service, PayPal’s integrated merchants can expand their user…

Former Meta and PayPal exec David Marcus believes Bitcoin's underlying technology could serve as the basis for a universal financial protocol on the internet.

Kraken expands in derivatives trading and adds PayPal support for UK and European customers

Recent reports have indicated that Elon Musk might be considering the transformation of X (former Twitter) into a modernized iteration of PayPal.