Golden Web3.0 Daily | PayPal announced that it will lay off about 2,500 people
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JinseFinanceThe company is only the fourth entity that has been approved to offer crypto services to UK customers.
ClementWith the official nod from the FCA, PayPal is now authorised to provide certain crypto services to the UK market and promote these offerings to its local clientele.
KikyoThe company had previously launched a new stablecoin known as PayPal USD
ClementPayPal recently made headlines by overpaying an astonishing $510,750 as a Bitcoin transaction fee. According to their spokesperson, its infrastructure partner Paxos was responsible instead.
CatherineThe new Cryptocurrencies Hub complements PayPal's crypto offerings, aiming to provide a seamless experience for buying and selling cryptocurrencies.
BrianThe majority of survey respondents in Paypal’s metaverse survey want to get paid in crypto.
OthersChanges in the regulatory landscape seem to have stalled the project.
CryptoSlateBinance token-related addresses were topped up with over $700 million in different tokens, while a bitcoin address was funded with $300 million.
CoindeskA spokesperson reportedly suggested that the office closures were being made to assess the company's "global office footprint."
Cointelegraph