News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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PayPal Puts PYUSD to Work: 3.7% Yield Coming This Summer
This summer, PayPal will begin offering a 3.7% annual yield on its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), to U.S.…
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PayPal Empowers U.S. Merchants with Direct Cryptocurrency Transactions
PayPal Holdings, Inc. (NASDAQ: PYPL) has announced that U.S. merchants can now buy, hold, and sell cryptocurrency directly from their…
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Revolut Plans to Enter Stablecoin Market Amid Growing Crypto Interest
Fintech giant Revolut is reportedly set to launch its own stablecoin, according to Coindesk sources. This move aims to bolster…
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PayPal and Venmo Integrate Ethereum Name Service for Simplified Crypto Payments
U.S. payment processors PayPal and Venmo have introduced support for the Ethereum Name Service (ENS), allowing users to send cryptocurrency…
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PayPal Announces Integration of PYUSD Stablecoin with Solana Blockchain
Financial giant PayPal Holdings, Inc. is expanding its cryptocurrency offerings by integrating its stablecoin, PayPal USD (PYUSD), with the high-speed,…
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MoonPay and PayPal Partner to Expand Crypto Accessibility in the US
MoonPay has collaborated with PayPal to introduce a crypto purchasing option for cryptocurrency app users in the United States. This…
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UK’s Crypto Hub Aspirations Face Hurdles, 43 Companies Retract Applications
When Rishi Sunak, then the UK’s Treasury head and now Prime Minister, vowed to transform the United Kingdom into a…
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$15 Generated Fake ID Passes Exchange KYC, Threatening Crypto Security
A new online service called OnlyFake is causing concern in the cryptocurrency world, as it claims to use artificial intelligence…
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Singapore’s MAS Gives Nod to Paxos for USD Stablecoin Launch
Crypto firm Paxos has attained preliminary authorization from Singapore’s regulatory body, the Monetary Authority of Singapore (MAS), for its forthcoming…
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PayPal Faces SEC Subpoena Over USD Stablecoin
In a surprising turn of events, PayPal (PYPL) recently found itself on the receiving end of a subpoena from the…
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