Auto Added by WPeMatico

SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin

The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in…

Continue ReadingSEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin

Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe

Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users…

Continue ReadingPaypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe

PayPal’s PYUSD Stablecoin Deploys Solana Because of High Throughput and Low Fees

Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater…

Continue ReadingPayPal’s PYUSD Stablecoin Deploys Solana Because of High Throughput and Low Fees

Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize…

Continue ReadingPaypal Promotes Low-Carbon Bitcoin Mining With New Research Paper