Tag: Cryptocurrency
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...
FSB publishes global regulatory framework for cryptoassets
The Financial Stability Board (FSB) has published a global regulatory framework for crypto asset activities. This framework is a response to the intrinsic volatility...
UK’s National Audit Office launches FCA review
The UK's National Audit Office (NAO) is conducting a review of the Financial Conduct Authority (FCA) to assess its ability to adapt to changes...
The Economics of Cryptocurrency: Supply and Demand
Cryptocurrency has revolutionized the world of finance, introducing a decentralized digital form of money that operates independently of traditional banking systems. Many governments have...