Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency

The U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto Investor Charged The U.S. Department of Justice … Read more

Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms

Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon allow users to buy and sell cryptocurrencies directly. Paypal’s Crypto Plans In a letter to the European Commission (EC), Paypal … Read more

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