PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Zhao stepped down as CEO as part of the settlement, concluding lengthy investigations into Binance's regulatory compliance and anti-money laundering controls by U.S. authorities.<\/p>\n","post_title":"Binance's $3.9 Billion USDT Transfer Sparks Speculation Amidst CEO's Guilty Plea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binances-3-9-billion-usdt-transfer-sparks-speculation-amidst-ceos-guilty-plea","to_ping":"","pinged":"","post_modified":"2023-11-25 19:59:03","post_modified_gmt":"2023-11-25 08:59:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14477","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13275,"post_author":"21","post_date":"2023-09-09 00:28:12","post_date_gmt":"2023-09-08 14:28:12","post_content":"\n Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The USDT transfer occurred just before Binance<\/a> and CEO Changpeng Zhao agreed to pay $1.8 billion in criminal fines, with an additional $2.5 billion in forfeitures, including $1.6 billion for settlements with regulatory bodies like the CFTC, FinCEN, and OFAC.<\/p>\n\n\n\n Zhao stepped down as CEO as part of the settlement, concluding lengthy investigations into Binance's regulatory compliance and anti-money laundering controls by U.S. authorities.<\/p>\n","post_title":"Binance's $3.9 Billion USDT Transfer Sparks Speculation Amidst CEO's Guilty Plea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binances-3-9-billion-usdt-transfer-sparks-speculation-amidst-ceos-guilty-plea","to_ping":"","pinged":"","post_modified":"2023-11-25 19:59:03","post_modified_gmt":"2023-11-25 08:59:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14477","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13275,"post_author":"21","post_date":"2023-09-09 00:28:12","post_date_gmt":"2023-09-08 14:28:12","post_content":"\n Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. PayPal has announced<\/a> the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin<\/a> is 100% backed by the U.S. dollar, short-term U.S. treasuries, and associated cash equivalents. The company says the stablecoin is redeemable at 1:1 for U.S. dollars. <\/p>\n\n\n\n PayPal CEO and president Dan Schulman says, \"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar.\"<\/em><\/p>\n\n\n\n PayPal USD rollout begins on Monday to eligible customers in the U.S. Customers can transfer the stablecoin between PayPal and supported wallets, make payments, and fund purchases. They can also convert PayPal\u2019s supported cryptocurrencies to and from the stablecoin.<\/p>\n\n\n\n PayPal says the stablecoin will minimize payment friction in virtual environments. The stablecoin will enable fast transfers and direct flows among Web 3.0 participants.PayPal USD will be an ERC-20 token<\/a> running on the Ethereum network. Consumers, developers, and merchants can seamlessly use the stablecoin to bridge fiat and digital assets.<\/p>\n\n\n\n The launch of PayPal USD expands the scope of PayPal's inroads in crypto. It comes after the company recently enabled purchases of digital assets for Venmo users. PayPal started integrating crypto in early 2021. Users can buy, hold, or sell major digital assets via the payment platform.<\/p>\n\n\n\n PayPal becomes the first leading U.S. fintech company to launch a stablecoin. The company has been working on the project since early 2022. Paxos, PayPal USD issuer, will publish monthly Reserve Reports on the stablecoin. <\/p>\n","post_title":"PayPal Expands Crypto Services With A Dollar-Backed Stablecoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"paypal-expands-crypto-services-with-a-dollar-backed-stablecoin","to_ping":"","pinged":"","post_modified":"2023-08-08 23:29:44","post_modified_gmt":"2023-08-08 13:29:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12990","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n
\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12990,"post_author":"21","post_date":"2023-08-08 23:29:14","post_date_gmt":"2023-08-08 13:29:14","post_content":"\n\n
USD To Reduce Friction In Digital Payments<\/h2>\n\n\n\n