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Paypal Coin: Payments Giant Explores Launching Stablecoin to Boost Crypto Offerings

Paypal Coin: Payments Giant Explores Launching Stablecoin to Boost Crypto OfferingsPaypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal Is Exploring Launching Its Own USD-Backed Stablecoin Paypal Holdings Inc. is reportedly exploring the launch of its own stablecoin backed by the U.S. dollar as […]

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Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption Rises

Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption RisesPayments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans, stating, “We continue to be really pleased with the momentum we’re seeing on crypto and we’re obviously adding incremental functionality into that.” Paypal’s Crypto-Related Job Postings Paypal is hiring more than 100 […]

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Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking Integration

Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking IntegrationPayments giant Paypal has outlined its plans to expand cryptocurrency services, including via a new wallet “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. “We continue to be really pleased with the momentum we’re seeing on crypto and we’re obviously adding incremental functionality into that,” said Paypal’s CEO. Paypal Reveals Crypto Plans, […]

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Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit

Paypal Raises Weekly Cryptocurrency Purchase Limit to 0K, Removes Annual LimitPayments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.” Paypal Increases Buy Limit for Cryptocurrencies Paypal Inc. announced Thursday that it has increased purchase limits […]

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Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets

Paypal to Allow Cryptocurrency Withdrawals to Third-Party WalletsPayments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers to Third-Party Wallets Jose Fernandez da Ponte, Paypal’s head of cryptocurrency, said during the Consensus […]

$30,000 Drained From JPMorgan Chase Account As Criminal Buys Car, Pays Girlfriend’s Bills, and Bank Refuses To Reimburse: Report