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Detroit to Accept Crypto for Tax Payments Starting 2025, Partners with PayPal
Detroit will accept cryptocurrency payments for taxes and fees starting mid-2025, becoming the largest U.S. city to do so
Paypal will manage the cryptocurrency payment...
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PayPal Expands PYUSD to Solana Blockchain
PayPal has added its stablecoin, PYUSD, to the Solana blockchain.This move offers lower transaction costs and faster processing times.Users will experience unified balances across...
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PayPal UK Becomes a Registered Cryptoasset Firm with the FCA
PayPal UK Limited, a subsidiary of the global online payments giant PayPal, has been registered with the UK Financial Conduct Authority (FCA) as a...
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PayPal’s New Stablecoin Launch Sets Trend as Industry Titans Eye Digital Dollar Dominance
The stablecoin launched by PayPal on Monday has the potential to become a trendsetter in the market.A range of e-commerce companies and banks, including...
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PayPal Steps into Crypto: Introducing PYUSD Stablecoin Backed by Confidence
For the first time, a major American financial company is launching and making available a stablecoin with a fixed value pegged to the US...
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PayPal Discloses Holding Nearly $1 Billion in Cryptocurrencies, Bolstering Confidence in Digital Assets
PayPal revealed that it has about a billion dollars in cryptocurrencies on its balance sheet in a 10-Q filing with the SEC.The company said...
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PayPal Launches Crypto Buying And Selling In The UK
PayPal is launching a new service in the United Kingdom that would enable its customers to buy, sell and hold Cryptocurrency. the online payment...
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PayPal To Allow Crypto Transfer to External Wallets
PayPal has announced that it will soon start allowing users to withdraw their digital assets from their platform into third-party wallets. Previously you could...
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Stablecoin Market Hits $230 Billion, Surpasses 1% of US Money Supply
Stablecoin market reaches $230 billion, representing over 1% of US money supply.
Major payment providers' integration drives stablecoin adoption and...
Brazilian FX Bank Braza Launches Real-Backed Stablecoin on XRP Ledger
Brazil's sixth-largest interbank market player launches Real-backed stablecoin BBRL on XRP Ledger.
Braza Group processed US$30 billion in transactions during...
Over-the-Counter Crypto Trading Gains Traction as Preferred Method for Large-Volume Transactions
Over-the-counter (OTC) cryptocurrency trading enables direct peer-to-peer transactions without using traditional exchange order books, offering enhanced privacy and reduced...