venmo
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The U.S. Wants to Treat Apple, PayPal Like Banks
The CFPB wants any tech company offering financial services like a bank to be regulated like a bank.
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PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD. The company’s entrance into the industry comes at a time of deep regulatory uncertainty as federal agencies and lawmakers continue to grapple with the fallout of multiple major crypto implosions last…
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Jack Dorsey’s Block Hit With Fraud Allegations for Massively Overstating Its Userbase
On Thursday, the investment research firm Hindenberg Research released a report alleging Jack Dorsey’s digital payments company Block has committed massive fraud, especially with the help of its well-known Cash App.
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What You Need to Know About The U.S.’ Massive Money Transfer Surveillance Apparatus
If you’ve sent a money transfer over $US500 ($694) to another person in recent years, there’s a decent chance U.S. law enforcement agencies could know about it. That’s according to new documents unearthed by The American Civil Liberties Union and The Wall Street Journal that show more than 600 law enforcement agencies reportedly had access…