PayPal

Layer1-backed Digital Currency Group (DCG) raised $ 50 million from a number of well-known venture capitalists, including PayPal co-founder Peter Thiel. According to The Block, thanks to the successful closure of the Series A financing round, the company's market value reached $ 200 million. Initially, the company focused on supporting the Grin ecosystem of confidential cryptocurrency. However, now the San Francisco-based firm intends to focus on […]

The growing momentum of large companies previously announced as partners of the Libra digital currency project from Facebook is directly related to their fears about the proposed project not meeting regulatory requirements. Such a statement in an interview with CNBC made US Treasury Secretary Stephen Mnuchin. Libra realized that they are not ready, that they are not up to par, says @ stevenmnuchin1 about […]