Cryptocurrency

Cryptocurrency
Venmo Begins Rollout of PayPal USD Stablecoin to Users
September 20, 2023

PayPal USD (PYUSD) has made its debut on Venmo, offering select users a regulated, dollar-denominated stablecoin that is 100% backed by U.S. dollar deposits, short-term U.S. Treasuries and similar cash equivalents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Stanford Returns FTX’s Millions Following Suit Against SBF Parents
September 20, 2023

Stanford University reportedly intends to give back millions of dollars given to it by FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cryptocurrency
NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
September 18, 2023

The New York State Department of Financial Services (DFS) has published proposed guidance focusing on virtual coin listing and the general framework for greenlisted coins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Investors Withdraw $500 Million From Crypto Products in 9 Weeks
September 18, 2023

The cryptocurrency market has seen substantial outflows over the last nine weeks, with investors withdrawing close to half a billion dollars from crypto products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Ant Group Withdrawing From $100 Million Crypto Fund A&T Capital
September 18, 2023

Ant Group is reportedly preparing to wind back its investments in the cryptocurrency sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Cryptocurrency
Three FTX Celebrity Pitchmen Settle Investor Lawsuit
September 17, 2023

Three of FTX’s celebrity backers have settled a lawsuit filed by investors in the failed exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
Report: Binance.US Executives Exit Amid SEC Lawsuit
September 14, 2023

Binance.US, the American arm of cryptocurrency exchange Binance, is reportedly dealing with the departure of key legal and risk executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Crypto-Trading Firm Genesis Halts International Spot and Derivatives Trading
September 14, 2023

Cryptocurrency-trading business Genesis has stopped all its trading operations.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Cryptocurrency
Ripple Will Look Beyond US For Bulk of Its Workforce
September 14, 2023

If you want to work for Ripple, your chances are better outside the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....