PayPal puts stablecoin work on hold

By

Due to increased probe into crypto.

PayPal puts stablecoin work on hold
Payments platform PayPal has paused work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner on the project faces a probe by the New York State Department of Financial Services.  PayPal had hoped to debut the stablecoin, which will be backed one for one ...

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