Filing: PayPal discloses that the US SEC said in February 2025 that it was closing its investigation into the PayPal USD stablecoin “without enforcement action”
PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant's US-dollar stablecoin.
The US DOJ sues Visa, alleging it has an illegal monopoly over debit network markets and has tried to unlawfully crush competitors, including PayPal and Square
Gaby Del Valle / The Verge :
PayPal discloses that the company received an SEC subpoena tied to its US dollar stablecoin, launched in August 2023
Payments firm PayPal Holdings (PYPL.O) said on Thursday it had received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin.
After criticism, PayPal says its policy update about a $2,500 penalty for “the sending, posting, or publication” of misinformation was “incorrect information”
Low De Wei / Bloomberg :
PayPal says a policy update proposing levying a $2,500 fine for “sending, posting, or [publishing]” misinformation contained “incorrect information”
PayPal Holdings Inc. said it has no intention of fining customers for spreading misinformation …
Sources: PayPal and others made informal complaints about Apple's NFC restrictions to the European Commission, spurring the EU's formal antitrust complaint
PayPal Holdings Inc. helped spur a formal antitrust complaint against Apple Inc. and its iPhone payments system by raising concerns …
Sources: DOJ is investigating whether Visa used financial incentives to keep Square, Stripe, and PayPal from using other card networks or payment systems
Wall Street Journal :
Payments company Paddle announces an alternative in-app payments system for iOS, charging 5%-10% fees and launching December 7, following Epic v. Apple ruling
which makes it not “in-app” but more like how we've been doing it on the web for the past 20 yrs 😉 Fees: 10% or 5% + $0.50 https://twitter.com/... Elena / @virtualelena : $689m is an incredible number...
Filing: CFPB probes Venmo's debt-collection tactics; Venmo actions like threatening to send debt collectors after users who are scam victims are under scrutiny
including threatening to send debt collectors after customers who are scam victims—have previously come under scrutiny https://www.wsj.com/... Charles Forelle / @charlesforelle : And now Venmo is bein...
Criminals launder coronavirus relief money through Venmo, Cash App, PayPal and other apps; so far 80 have been charged with trying to steal $240M+ from the PPP
Criminals are laundering illegally obtained funds meant for Covid-19 relief through the most popular apps for legally sending …