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2023-02-11 19:30:54

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold

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