PayPal launches US dollar stablecoin PayPal USD
PayPal is launching a fully-backed stablecoin, PayPal USD, backed by US dollar deposits and similar assets, aiming to enhance payments in Web3.
FactsPayPal is...
Revolut halts crypto services in the US citing “evolving regulatory environment”
Challenger bank Revolut will halt access to cryptocurrencies for US customers starting October 3, citing regulatory uncertainties and the evolving crypto market.
FactsChallenger bank...
The Republic of Palau taps Ripple for first stablecoin pilot
The Republic of Palau is partnering with Ripple to launch a limited stablecoin pilot, called Palau Stablecoin (PSC), backed by the US dollar on...
Sella Group selects four startups for metaverse incubation programme
The Sella Group Venture Incubator, dpixel, has selected four startups for its "Metaverse 4 Finance" acceleration program. The startups come from the USA, United...
Mastercard expands Engage partner network to boost blockchain innovation
Mastercard is expanding its Engage partner network to support blockchain innovation and the Web3 economy. The network aims to facilitate the launch and scaling...
Binance exits Netherlands; under investigation in France
Cryptocurrency exchange Binance is exiting the Dutch market after failing to obtain a virtual asset service provider (VASP) license in the Netherlands. Existing Dutch...
Barcelona-based crypto startup Nebeus closes Seedrs funding round
Barcelona-based crypto startup Nebeus has successfully closed its latest funding round on Seedrs, raising €1,389,752 million and surpassing its goal by 126%. The funds...
BoomFi secures $3.8M Seed to streamline crypto payments
BoomFi, a next-generation payments company, has raised $3.8 million in an oversubscribed seed funding round led by White Star Capital. The funds will be...
UK FCA toughens rules for marketing of cryptoassets
The UK's Financial Conduct Authority (FCA) has implemented new rules for companies advertising cryptoassets, aiming to protect consumers and ensure informed decision-making. These rules...
