USA
🎉 USA🇺🇸: users of the P2P payment app Venmo will be able to send and receive money with PayPal users in 90 countries Paid Members Public
🎉 USA🇺🇸: users of the P2P payment app Venmo will be able to send and receive money with PayPal users in 90 countries It is noteworthy that PayPal acquired Venmo in 2013, and the integration is being launched only now. 🔺 U.S. users will be able to send money abroad using
🧨 The Coinbase–Bybit deal: additional details are emerging Paid Members Public
🧨 The Coinbase–Bybit deal: additional details are emerging During discussions around a potential partnership, the valuation of Bybit’s prospective entry into the U.S. market 🇺🇸 has reportedly been estimated at around USD 25 billion. ➡️ Key context: the United States remains one of the largest crypto markets globally, both at
📣 PayPal rolls out its stablecoin PYUSD across 70 markets Paid Members Public
📣 PayPal rolls out its stablecoin PYUSD across 70 markets PYUSD is a US dollar-backed stablecoin initially launched in the United States in 2022. In the coming weeks, it will become available to users with PayPal accounts across markets in Asia-Pacific, Europe, and Latin America. 💠 Users will be able to purchase
🤔 USA🇺🇸: the SEC and CFTC issue joint guidance clarifying crypto asset classification at the federal level Paid Members Public
🤔 USA🇺🇸: the SEC and CFTC issue joint guidance clarifying crypto asset classification at the federal level The SEC — Securities and Exchange Commission — and the CFTC — Commodity Futures Trading Commission — stated that certain crypto assets that are not securities may fall under the definition of commodities. 💎 The division of jurisdiction between
🎉 USA🇺🇸: in its IPO, Japanese payment system PayPay🇯🇵 raised 880 million USD Paid Members Public
🎉 USA🇺🇸: in its IPO, Japanese payment system PayPay🇯🇵 raised 880 million USD This represents a strong outcome, although below earlier expectations: it was previously reported that the IPO could raise up to 1.1 billion USD. Shares were sold by both the company and its main shareholder — the investment arm
💰 The payment functionality of the social network “X” has finally entered the public beta phase… Paid Members Public
💰 The payment functionality of the social network “X” has finally entered the public beta phase… The social network X (formerly Twitter) has launched the public beta phase of its payment system. To participate in this early stage, the platform used an unusual promotional filter: an invitation could only be obtained
🎉 USA🇺🇸: Kraken becomes the first digital (crypto) bank to obtain a master account at the Federal Reserve Paid Members Public
🎉 USA🇺🇸: Kraken becomes the first digital (crypto) bank to obtain a master account at the Federal Reserve This means that the banking division of the cryptocurrency exchange can now connect to the main payment systems in the United States (including Fedwire) without using intermediary banks. 🧬 Background: Kraken Financial is registered
😱 Tether intensifies anti-money laundering efforts: over $4.2 billion in USDT frozen since 2023 Paid Members Public
😱 Tether intensifies anti-money laundering efforts: over $4.2 billion in USDT frozen since 2023 Operating purely as a payment infrastructure is no longer sufficient for the company; Tether is increasingly positioning itself as an active participant in financial investigations. This includes the ability to blacklist wallets and freeze funds directly