Month: April 2025

SEC ends investigation into PayPal’s PYUSD stablecoin

PayPal says the U.S. Securities and Exchange Commission has ended its investigation into its PYUSD stablecoin without taking any enforcement action. In a regulatory filing on Apr. 29, PayPal confirmed the SEC had wrapped up its inquiry and decided not…...
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Arizona Legislature Passes Landmark Bitcoin Investment Bills

Two bills that would allow the US state to invest in digital assets have cleared both legislative chambers and now await Governor Katie Hobbs’ decision. Senate Bill 1025, the Arizona Strategic Bitcoin Reserve Act, and Senate Bill 1373, establishing a Digital Assets Strategic Reserve Fund, would authorize the state...
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PayPal CEO Says ‘Moving Quickly’ To Bring Crypto, Stablecoin Benefits To Users — Fintech Giant Partners With Coinbase To Boost Solana-based PYUSD

Fintech giant PayPal Holdings Inc. (NASDAQ:PYPL) said Tuesday it was committed to boosting cryptocurrency adoption, with a particular emphasis on its PayPal USD (CRYPTO: PYUSD) stablecoin. What Happened: During the company’s first-quarter earnings call, CEO Alex Chriss said PayPal was “making strides” and “moving quickly” to bring the benefits of cryptocurrency...
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El Salvador keeps buying Bitcoin despite $1.4b IMF deal

El Salvador is continuing to buy Bitcoin even after agreeing to scale back purchases as part of a $1.4 billion deal with the International Monetary Fund. The Central American nation’s Bitcoin Office is still buying Bitcoin (BTC) despite signing a…...
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