PaymentsIndustry News

PayPal headlines: Bitcoin briefly falls below $40,000 and 5 other crypto updates you should know

From CNBC: The cryptocurrency market is continuing its new year slump. On Monday morning, the price of bitcoin, the largest cryptocurrency by market value, fell below $40,000 for the first time since September, dropping to $39,771,...

International Business Times reports PayPal Confirms Its Looking To Launch Its Own Cryptocurrency

From International Business Times: As various companies explore the world of crypto, PayPal is reportedly considering launching its own stablecoin. After evidence was discovered corroborating the move within its iPhone app, the fintech company confirmed...

PayPal headlines: PayPal confirms it’s exploring the launch of its own stablecoin

From Engadget: PayPal has been expanding its cryptocurrency business since it opened trading to all users in 2020. It allowed US customers to check out with cryptocurrency and increased its crypto buy limit over the...

Top PayPal story from CNET: PayPal is considering launching its own cryptocoin, report says

From CNET: PayPal is reportedly considering launching its own cryptocurrency backed by the US dollar as the venerable online payment company continues to integrate ways to engage with digital coins on its platforms. The company is...

Bloomberg Law reports PayPal Is Exploring Launch of Own Stablecoin in Crypto Push

From Bloomberg Law: PayPal Holdings Inc. is exploring the launch of its own stablecoin as part of its cryptocurrency push, according to the company, which confirmed the development after evidence of the move was discovered...

PayPal customers take note: BBB warns consumers of hackers posing as apps like PayPal and Venmo to steal your money

From Cleveland 19 News: CLEVELAND, Ohio (WOIO) - These days, it is easier than ever to shop online using apps like PayPal or to send your friends money through Venmo. Scammers know how much we...

New tax rule requires PayPal, Venmo, Cash App to report income exceeding $600, says FOX 13 Tampa Bay

From FOX 13 Tampa Bay: The new year has brought in a new tax rule that will see the Internal Revenue Service (IRS) gain intel on the income small businesses made through transactions on popular...

Venmo, PayPal and Cash App to report payments of $600 or more to IRS this year: What to know, says Fox Business

From Fox Business: Millions of small business owners who rely on payment apps like Venmo, PayPal and Cash App could be subject to a new tax law that just took effect in January. Beginning this year,...

Latest news

Chase Bank news: U.S.-backed fighters chase Islamic State gunmen near Syria prison

From Los Angeles Times: Kurdish-led fighters advanced slowly Saturday under the cover of U.S.-led coalition air power in Syria’s northeast....

Expedia Group names Peter Kern as new CEO, lands $3B financing package, according to PhocusWire

From PhocusWire: Peter Kern is the new CEO of Expedia Group and Eric Hart is chief financial officer. The announcement today...

Chase Bank customers take note: US-backed fighters chase IS gunmen near prison in Syria

From ABC News: BEIRUT -- Kurdish-led fighters advanced slowly Saturday under the cover of U.S.-led coalition air power in Syria's...