PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin.
Related Posts
US Congressman Introduces Crypto-Currency Act of 2020
A United States congressman is the latest working to clarify determine which U.S. regulator is responsible for which digital assets. On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator.The proposed regulatory schemaAs Will Stechschulte,…
Huobi Mints $4.2 Million in Stablecoins — Is It a 4/20 Coincidence?
Huobi’s HUSD minting amount of $4.2 million coincides with April 20 day. 1210 Total views 28 Total shares Today, April 20, Huobi has reportedly minted some 4,200,000 HUSD worth $4.2 million.According to data published by Whale Alert, this minting occurred around 7:30 GMT. Social media reactions saw users note this number’s similarities to today’s date…
Web3 usernames may see greater adoption due to recent advancements
Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long strings of characters that make up a crypto address with a more easily memorized blockchain username or Web3 domain name. For example, Ethereum (ETH) users can now send crypto to the network’s founder, Vitalik Buterin,…
Stellar Co-founder Brands 90% of Crypto Projects ‘B.S.’
Most financial institutions will not use Bitcoin (BTC), payment network Stellar’s co-founder and CTO Jed McCaleb stated in an interview with Yahoo Finance Dec. 31.Speaking to the online news outlet, McCaleb — who is also known as one of the founding fathers of defunct Japanese Bitcoin exchange Mt. Gox, as well as the co-founder of…
One Crypto Youtuber’s Banning Nightmare Still Not Over
Though YouTube has restored many banned crypto channels, CryptosRus remains sidelined with little information. While many other accounts have seen reinstatement shortly following their bans in recent days, YouTube has still not brought the CrytptosRus channel back to life. It has now been three weeks since the channel creator's original petition for reinstatement. "My channel is…
Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption.
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. 209 Total views 4 Total shares New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s…
What are Bitcoin mixers, and why do exchanges ban them?
One of the original allures of cryptocurrency is the narrative that using them provides the sender or recipient anonymously, but this is a common misconception within the sector. In reality, Bitcoin (BTC) and many other cryptocurrencies are easily traceable.Proof of this came earlier this week when on April 27, U.S. authorities arrested the mastermind of Bitcoin…