Paypal

PayPal Holdings, a global payments firm expanding into the crypto space, received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its US dollar stablecoin PayPal USD (PYUSD), the company disclosed on Nov. 2 in its Q3 financial report with the SEC. PayPal noted: “On November 1, 2023, we received a subpoena […]

In an interview with CNBC on Sept. 11, David Marcus, the ex-PayPal executive and co-founder of the Bitcoin Lightning-focused payment service Lightspark, said he believes Bitcoin’s Lightning Network could simplify sending money across jurisdictions.  The lightning network aims to make Bitcoin transactions cheaper, faster, and more practical for small payments. It processes Bitcoin transactions independently […]