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ππ¦ Would you use a PayPal issued stablecoin? π²
ππ¦ Would you use a PayPal issued stablecoin? π²
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | Happy Monday, Geckos! Arbitrum, the Ethereum (ETH) layer-two network, has had its second outage in less than five months due to a hardware problem.
According to reports, the network was down for around seven hours. The network was having sequencing difficulties that prohibited transactions from being executed.
In today's news, PayPal is exploring its own stablecoin, The US Department of Transportation intends to fund a crypto incentives program, and Kosovo's police force is strengthening crypto miners crackdown.
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It had seized 272 "Antminer" Bitcoin (BTC) mining devices in the municipality of Leposavic, as well as 39 more in Prishtina last Saturday.
The Minister of Economy, Artane Rizvanolli, emphasized that taxpayers' money is being saved as the crackdown continues. Cointelegraph | | Next Stablecoin: PayPal Coin PayPal is considering developing its own stablecoin as it expands its crypto business.
A spokesperson informed CoinDesk that they are looking towards creating a stablecoin and would be working closely with authorities as they move forward.
PayPal has recently been quite active in its crypto initiatives, purportedly increasing the amount of crypto their customers can buy, and more. CoinDesk |
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