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Visa Partners Stripe-Owned Bridge to Launch Stablecoin Payment Cards: Details
Visa has partnered with Bridge to let developers build on its platform offer stablecoin-linked Visa cards to their users. Both companies shared official announcements on the development on April 30. They said that the main aim of this deal is to introduce stablecoins as legitimate payment options for day-to-day purchases.
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PayPal Rewards Programme for PYUSD Stablecoin Holders Launched in Bid to Boost Adoption
PayPal will start offering rewards to the holders of its PYUSD stablecoin to boost its adoption and uses. Talking about the development, PayPal CEO said that the company aims to enable its customers to experience the utility scope of stablecoins. Â
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PayPal, Venmo Expand Crypto Offering with LINK, SOL Tokens Owing to User Feedback
PayPal and Venmo have expanded their crypto offering with two new tokens -- Chainlink (LINK) and Solana (SOL). On CoinMarketCap, Chainlink is the 13th largest crypto by market cap whereas Solana holds the 7th position.
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Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
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David Sacks, Musk's Friend, Is White House Crypto, AI Czar. What He'll Do
Since it is a new role, it is unclear as of now how the vertical would function with the government and what authority David Sacks would have to make or implement changes.
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Donald Trump Appoints David Sacks As White House "AI And Crypto Czar"
US President-elect Donald Trump late Thursday named former PayPal chief operating officer David Sacks as White House "AI and Crypto Czar."
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PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
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TN Government to Set Up Tamil Nadu AI Labs in Chennai; Partners With Google to Explore AI Initiatives
The Tamil Nadu government has signed an MoU with Google to explore potential AI opportunities in the state. The TN government will also establish a 'Tamil Nadu AI Labs' facility in Chennai. The government also signed agreements with firms like Nokia, PayPal, Infinix, and Applied Materials to set up facilities across the state.
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Nokia, PayPal Lead Tamil Nadu Investment Rush, MK Stalin Signs Deals In US
Several global tech giants, including Nokia, PayPal and Microchip, have announced plans to set up new facilities in Tamil Nadu, Chief Minister MK Stalin announced in a post on X.
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Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
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Payments Firm PayPal To Cut Around 2,500 Jobs: Report
Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday.
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How Elon Musk, Richest Man In The World, Earned His First $1 Million
Mr Musk's ownership share in electric vehicle manufacturer Tesla and his holdings in SpaceX and the Boring Company are responsible for his startling increase in fortune.
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PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a "payment system operator" under the Prevention of Money Laundering Act (PMLA) and has to thus comply with "reporting obligations" under it.
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PayPal USD Expected to Do Better Than Facebook's Libra in Stablecoin Market
PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second major global company to launch a stable...
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PayPal to Stop Sale of Cryptocurrencies in the UK Until 2024: Details
Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.
-
Visa Partners Stripe-Owned Bridge to Launch Stablecoin Payment Cards: Details
Visa has partnered with Bridge to let developers build on its platform offer stablecoin-linked Visa cards to their users. Both companies shared official announcements on the development on April 30. They said that the main aim of this deal is to introduce stablecoins as legitimate payment options for day-to-day purchases.
-
PayPal Rewards Programme for PYUSD Stablecoin Holders Launched in Bid to Boost Adoption
PayPal will start offering rewards to the holders of its PYUSD stablecoin to boost its adoption and uses. Talking about the development, PayPal CEO said that the company aims to enable its customers to experience the utility scope of stablecoins. Â
-
PayPal, Venmo Expand Crypto Offering with LINK, SOL Tokens Owing to User Feedback
PayPal and Venmo have expanded their crypto offering with two new tokens -- Chainlink (LINK) and Solana (SOL). On CoinMarketCap, Chainlink is the 13th largest crypto by market cap whereas Solana holds the 7th position.
-
Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
-
David Sacks, Musk's Friend, Is White House Crypto, AI Czar. What He'll Do
Since it is a new role, it is unclear as of now how the vertical would function with the government and what authority David Sacks would have to make or implement changes.
-
Donald Trump Appoints David Sacks As White House "AI And Crypto Czar"
US President-elect Donald Trump late Thursday named former PayPal chief operating officer David Sacks as White House "AI and Crypto Czar."
-
PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
-
TN Government to Set Up Tamil Nadu AI Labs in Chennai; Partners With Google to Explore AI Initiatives
The Tamil Nadu government has signed an MoU with Google to explore potential AI opportunities in the state. The TN government will also establish a 'Tamil Nadu AI Labs' facility in Chennai. The government also signed agreements with firms like Nokia, PayPal, Infinix, and Applied Materials to set up facilities across the state.
-
Nokia, PayPal Lead Tamil Nadu Investment Rush, MK Stalin Signs Deals In US
Several global tech giants, including Nokia, PayPal and Microchip, have announced plans to set up new facilities in Tamil Nadu, Chief Minister MK Stalin announced in a post on X.
-
Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
-
Payments Firm PayPal To Cut Around 2,500 Jobs: Report
Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday.
-
How Elon Musk, Richest Man In The World, Earned His First $1 Million
Mr Musk's ownership share in electric vehicle manufacturer Tesla and his holdings in SpaceX and the Boring Company are responsible for his startling increase in fortune.
-
PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a "payment system operator" under the Prevention of Money Laundering Act (PMLA) and has to thus comply with "reporting obligations" under it.
-
PayPal USD Expected to Do Better Than Facebook's Libra in Stablecoin Market
PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second major global company to launch a stable...
-
PayPal to Stop Sale of Cryptocurrencies in the UK Until 2024: Details
Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.
