Cryptocurrency

PayPal rolls out cryptocurrency payments for merchants, citing cost savings and global reach

Posted on by Chris Montcalmo

SAN JOSE, CA—PayPal announced Monday the launch of “Pay with Crypto,” a new service aimed at enabling merchants to accept cryptocurrency payments and significantly reduce transaction fees for cross-border commerce. The company stated the initiative seeks to simplify international transactions and connect businesses to the growing digital currency market. The new service facilitates instant conversion of cryptocurrencies to stablecoin or […]

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Cryptocurrency

Attorney General Brown brings action against Coinbase

Posted on by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Anthony G. Brown’s Securities Division on Tuesday announced that it has filed an action against Coinbase Global, Inc. and Coinbase, Inc., ordering them to cease and desist violating Maryland law in connection with Coinbase’s cryptocurrency asset staking offerings. The Securities Division alleges that Coinbase offered and sold unregistered securities in a form that Coinbase calls “staking […]

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