PayPal Halts Stablecoin Development Amid Regulatory Crackdown On Crypto
PayPal Halts Stablecoin Development Amid Regulatory Crackdown On Crypto
Ethereum World News 2023-02-10 21:24:26
Fintech giant PayPal has reportedly paused working on its stablecoin due to the renewed regulatory crackdown on crypto firms. PayPal was working with Paxos, which is currently facing a probe by the NYDFS.