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PayPal
PayPal Puts Stablecoin Project on Hold: Bloomberg
On Thursday it was reported that PayPal crypto partner Paxos was being probed by the NYDFS
PayPal Held $604M in Crypto For Its Customers as of Year-End 2022
PayPal (PYPL) held a total of $604 million of bitcoin (BTC), ether (ETH), litecoin (LTC) and bitcoin cash (BCH) for its customers as of Dec. 31, according to its annual report to the U.S. Securities and Exchange Commission (SEC). The payments company has been allowing customers to buy and sell crypto since October 2020, though it has only recently begun to disclose specific holdings of different coins in its SEC filings. "The Hash" panel discusses what this means for PayPal's crypto ambitions.
PayPal Held $604M of Customers' Crypto as of Year-End 2022
The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash.
PayPal Working With Crypto Wallet MetaMask to Offer Easy Way to Buy Crypto
Users will be able to buy and transfer ether from PayPal to MetaMask.
PayPal Expanding its Crypto Service to Luxembourg 'in Coming Days'
PayPal will start its crypto service to Luxembourg, marking the first rollout of its crypto service to a European Union country. “The Hash” panel discusses how Luxembourg could serve as a gateway for the other 26 countries in the bloc once the Markets in Crypto Assets (MiCA) regulation comes into effect.
PayPal Expands Crypto Service Into Luxembourg in First EU Foray
The move follows the initial rollout of the crypto service in the U.S. in 2020, followed by an expansion to the U.K. last year.
Thoma Bravo Leads $70M Fundraise for Blockchain Intelligence Firm TRM Labs
Goldman Sachs, PayPal Ventures, Amex Ventures and Citi Ventures also participated.
Bitstamp Exec: Bitcoin Sentiment 'Pretty Positive' Across the Board
Bitstamp U.S. Chief Compliance Officer Thomas Hook joins "All About Bitcoin" to discuss Europe's crypto growth and mass adoption trends, integration with PayPal and impact of Liz Truss resigning as U.K. Prime Minister. Plus, bitcoin (BTC) outlook amid low volatility.
PayPal Says It’s Not Fining Users for Misinformation
“The Hash” panel discusses PayPal walking back its Acceptable Use Policy (AUP) notice that would have fined users $2,500 for spreading “misinformation,” claiming the update “went out in error.”