https://finance.yahoo.com/news/paypal-pauses-stablecoin-amid-regulatory-200311077.html
PayPal Holdings Inc. menghentikan pekerjaan pada stablecoinnya karena regulator meningkatkan pengawasan terhadap cryptocurrency dan mitra utama dalam proyek tersebut menghadapi penyelidikan oleh Departemen Layanan Keuangan Negara Bagian New York.
PayPal berharap untuk memulai debutnya stablecoin, yang akan didukung satu per satu oleh dolar AS, dalam beberapa minggu mendatang, tetapi akan menunda pekerjaan itu karena berupaya memahami lanskap peraturan yang berubah untuk aset digital semacam itu, menurut seseorang yang memiliki pengetahuan. dari masalah ini. Regulator New York telah menyelidiki Paxos Trust Co., sebuah perusahaan cryptocurrency yang bekerja sama dengan PayPal dalam upaya stablecoinnya, Bloomberg News melaporkan minggu ini.
“Kami sedang menjajaki stablecoin,” Amanda Miller, juru bicara PayPal, mengatakan dalam sebuah pernyataan email. “Jika dan ketika kami ingin bergerak maju, kami tentu saja akan bekerja sama dengan regulator terkait.”
Paxos tidak menanggapi permintaan komentar.
Stablecoin dimaksudkan untuk memiliki nilai yang ditetapkan, dan beberapa didukung oleh cadangan aset yang sesuai seperti uang tunai dan obligasi. Bloomberg News pertama kali melaporkan tahun lalu bahwa PayPal yang berbasis di San Jose, California sedang menjajaki peluncuran stablecoinnya sendiri sebagai bagian dari dorongan cryptocurrency.
Paxos yang berbasis di New York, penerbit token bermerek Binance yang menduduki peringkat sebagai stablecoin terbesar ketiga, diatur oleh Departemen Layanan Keuangan negara bagian. Di situs webnya, Paxos menekankan komitmennya terhadap perlindungan konsumen dan mengatakan bahwa cadangan untuk kedua stablecoin yang dikeluarkannya dipegang sepenuhnya dalam bentuk tunai dan US Treasuries. Perusahaan juga menerbitkan stablecoinnya sendiri yang disebut Pax Dollar.
PayPal mengumumkan tahun lalu bahwa Departemen Layanan Keuangan telah memberi perusahaan itu "BitLicense", yang mengatur bisnis yang bekerja dengan mata uang virtual. PayPal mengatakan pada saat itu bahwa itu adalah perusahaan pertama yang mengubah BitLicense bersyarat menjadi penuh.
Meta is scaling back its high-end metaverse projects due to significant financial losses, including scrapping the La Jolla mixed-reality headset. Instead, the company will focus on more affordable VR devices like the Quest 3S and upcoming Orion AR glasses, aiming to make its technology more accessible.
AnaisThe TON Society has called on French authorities to release Telegram CEO Pavel Durov, denouncing his imprisonment as a violation of human rights and free speech. The letter also urges tech companies to resist state censorship, while crypto leaders worry about the broader impact on the digital asset landscape.
CatherineDonald Trump has launched his fourth NFT collection, “Series 4: The America First Collection,” featuring various themed cards priced at $99 each. This move reflects his shift from crypto skepticism to embracing digital assets, leveraging NFTs to generate millions and connect with crypto-friendly voters ahead of the 2024 election.
JoyHenley & Partners and New World Health report a 95% rise in individuals with over $1 million in crypto, fuelled by BTC and ETH ETFs, and increasing crypto values. As institutional adoption grows, wealth generation in crypto is expected to expand further.
KikyoQuidax has made history as the first Nigerian crypto exchange to receive a provisional operating license from the Nigerian SEC, marking a major step toward formal regulatory oversight for the country's digital asset industry. Despite this progress, challenges remain with stringent regulatory requirements and ongoing tensions between the government and the crypto sector.
AnaisTON blockchain experienced over seven hours of inactivity, during which no new blocks were generated. The network has since resumed normal operations. Some speculate that the recent surge in DOGS transaction may have contributed to the disruption.
CatherineApple is laying off around 100 employees in its digital services division, focusing more on AI and away from areas like Apple Books. The upcoming iPhone 16 Pro will feature new AI capabilities, but these will be fully available only after software updates later in the year.
WeatherlyA Chinese court concluded a case involving a dispute over a virtual currency investment entrustment contract. The platform ran away, resulting in the investor being unable to recover millions of dollars, and it was ruled that the investor should bear the losses himself.
AlexLegendary trader Arthur Hayes said that if there is an economic recession in the United States, the Federal Reserve will increase its money printing efforts, thus driving Bitcoin to surge.
MiyukiBloomberg's senior ETF analyst, Eric Balchunas, predicts that Satoshi Nakamoto may lose his status as Bitcoin's largest holder by Halloween, a revision from his earlier estimate of late 2024. Satoshi is believed to hold around 84% of his original Bitcoin holdings.
Kikyo