UK GDP grew 0.2 % in the second quarter

The Gross Domestic Product (GDP) of the United Kingdom accelerated its growth in the second quarter to 0.2 % compared to the expansion of 0.1 % in the previous quarter, as reported by the National Statistics Office (ONS). The rebound in…

Paypal officially launched its own cryptocurrency

Payments company PayPal announced the launch of PayPal USD (PYUSD), a stablecoin denominated in US dollars and backed 100 % by US dollar deposits, short-term US Treasury bonds and similar cash equivalents. According to the payment services…