PayPal is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by the New York State Department of Financial Services. Stablecoins are intended to hold a set value, and some are underpinned by a matching reserve of assets such as cash and bonds.
from Gadgets 360 https://ift.tt/2cRFGb0
Home / Gadgets 360 /
Tech News
/ PayPal Pauses Work on Stablecoin Amid Increased Crypto Scrutiny by Regulators
- Blogger Comment
- Facebook Comment
Subscribe to:
Post Comments
(
Atom
)
0 Comments:
Post a Comment