PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

ByNews Polite

PayPal, the US-based online payments giant, has launched PYUSD — its own stablecoin pegged to the US dollar. Banking on PayPal’s massive userbase, crypto scammers have jumped into action to use the opportunity to hunt for victims. Within the first few hours of its launch alone, a bunch of crypto…

Seven Mega Banks to Team Up on Digital Wallet, Compete With Apple Pay, PayPal: Report

Seven Mega Banks to Team Up on Digital Wallet, Compete With Apple Pay, PayPal: Report

ByNews Polite

Bank of America, JP Morgan, and Wells Fargo could be among seven mega global banks that could soon team up to launch a digital wallet now that digital assets have begun to see adoption in different parts of the world. The aim behind this potential initiative is to compete with…

Yahoo, Paypal Blocked in Indonesia Over Failure to Comply With License Rules

Yahoo, Paypal Blocked in Indonesia Over Failure to Comply With License Rules

ByNews Polite

Indonesia has blocked search engine website Yahoo, payments firm Paypal, and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash on social media. Registration is required under rules released in late November 2020 and will give authorities broad powers to…