Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

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crypto

PayPal Tables Stablecoin Project Amid Regulatory Crackdown

By
Aidan Ryan
· · Source: Bloomberg

Payments giant PayPal is pausing work on launching its own stablecoin amid a regulatory crackdown on crypto, Bloomberg reported Friday. The company, which lets customers buy, sell and hold tokens like bitcoin and ether, had been aiming to launch the stablecoin in the coming weeks but is putting the project on hold to better understand how digital assets will be regulated going forward,...

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