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PayPal Letter Seems to Confirm Crypto Capability Rumors

PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission.Originally submitted on March 20, the document was intended as a response to the European Commission’s public consultation on building an EU framework for markets in crypto-assets, whose feedback period lasted

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Saudi-UAE Leaders Confirm Forthcoming Jointly-Issued Digital Currency

Saudi Crown Prince Mohammed bin Salman arrived in the United Arab Emirates (UAE) for an official visit yesterday to discuss joint policy measures, including a digital currency plan. On Nov. 27, private English-language daily UAE newspaper The National reported that Prince Mohammed was welcomed by His Highness Sheikh Mohamed bin

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New Balance to Use Cardano Blockchain to Confirm Product Authenticity

Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products.The announcementAccording to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, CEO of blockchain engineering startup IOHK, announced that American footwear brand New Balance will use the Cardano blockchain to

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