halts – Latest News https://latestnews.top Thu, 17 Aug 2023 19:27:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://latestnews.top/wp-content/uploads/2023/05/cropped-licon-32x32.png halts – Latest News https://latestnews.top 32 32 PayPal halts UK Crypto sales until 2024 amid regulation shake-up https://latestnews.top/paypal-halts-uk-crypto-sales-until-2024-amid-regulation-shake-up/ https://latestnews.top/paypal-halts-uk-crypto-sales-until-2024-amid-regulation-shake-up/#respond Thu, 17 Aug 2023 19:27:28 +0000 https://latestnews.top/2023/08/17/paypal-halts-uk-crypto-sales-until-2024-amid-regulation-shake-up/ PayPal halts UK Crypto sales until 2024 amid regulation shake-up Fintech company says the ‘temporarily pause’ will come into effect on 8 October  By Daniel Fessahaye Published: 08:49 EDT, 17 August 2023 | Updated: 13:06 EDT, 17 August 2023 PayPal will pause all UK customer crypto sales through its platform from October in response to […]]]>


PayPal halts UK Crypto sales until 2024 amid regulation shake-up

  • Fintech company says the ‘temporarily pause’ will come into effect on 8 October 

PayPal will pause all UK customer crypto sales through its platform from October in response to new rules on crypto promotions.

The Financial Conduct Authority will later this year implement tougher rules on how crypto assets are advertised to UK consumers.

The new rules will, among other restrictions, require crypto firms to publish risk warnings alongside advertising and cease offering ‘refer a friend’ bonuses.

PayPal said it will 'temporarily pause' the ability for customers to buy crypto on its platform from 1 October

PayPal said it will ‘temporarily pause’ the ability for customers to buy crypto on its platform from 1 October

In an email sent to customers, the fintech company said it will ‘temporarily pause’ the ability for customers to buy crypto on its platform from 1 October as it works to satisfy the new regulations, which come into effect on 8 October

‘PayPal consistently works closely with regulators around the world to adhere to applicable rules and regulations in the markets in which we operate,’ it told customers.

It added that customers could hold and sell their crypto ‘at any time’.

In May, MPs called for the government to regulate trading in cryptocurrencies in the same way as gambling, amid concerns it poses significant risks to consumers.

When the FCA announced its crypto marketing shake-up in June, its executive director of consumers and competition Sheldon Mills said: ‘It is up to people to decide whether they buy crypto.

‘But research shows many regret making a hasty decision. Our rules give people the time and the right risk warnings to make an informed choice.

‘Consumers should still be aware that crypto remains largely unregulated and high risk. Those who invest should be prepared to lose all their money.

‘The crypto industry needs to prepare now for this significant change. We are working on additional guidance to help them meet our expectations.’

Calls for better regulation are also growing worldwide as consumers, regulators and governments grapple with scam activity and the use of crypto by criminal organisations operating undetected. 

The collapse of several crypto firms including FTX last year has also left amateur investors nursing large losses.

Sam Bankman-Fried, stepped down as head of FTX last November after withdrawals left it short of cash, leading to bankruptcy.

Allegations swirled that he ran it as a ‘personal fiefdom’ while spending £250million on property.

Around 1million creditors face losses of billions of pounds, among them an estimated 80,000 Britons.

After token prices slumped dramatically last year, the price of top cryptocurrency bitcoin has gradually recovered, up around 76 per cent so far this year. However, its price is at less than half of the all-time high reached in November 2021.

Earlier this month, PayPal’s shares got a boost, when it launched a stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers.

The California-based company launched, PayPal USD, which is issued by Paxos Trust Company and is a cryptocurrency that unlike bitcoin is tied to a fiat currency, the U.S dollar.

The group also said that the digital currency will first only be made available for U.S-based PayPal customers, with the exception of Hawaii and would be redeemable one-to-one for US dollars.





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Harry Styles halts Germany gig to advise a fan to LEAVE her boyfriend who allegedly https://latestnews.top/harry-styles-halts-germany-gig-to-advise-a-fan-to-leave-her-boyfriend-who-allegedly/ https://latestnews.top/harry-styles-halts-germany-gig-to-advise-a-fan-to-leave-her-boyfriend-who-allegedly/#respond Wed, 24 May 2023 11:55:11 +0000 https://latestnews.top/2023/05/24/harry-styles-halts-germany-gig-to-advise-a-fan-to-leave-her-boyfriend-who-allegedly/ A concert-goer was left stunned after Harry Styles advised her to leave her boyfriend who allegedly cheated. Cecilia Cavalcanti decided to put her heartbreak to one side to attend Styles’ Love on Tour concert in Germany on Wednesday.  The 21-year-old from Austria had managed to get herself towards the front of the standing section at […]]]>


A concert-goer was left stunned after Harry Styles advised her to leave her boyfriend who allegedly cheated.

Cecilia Cavalcanti decided to put her heartbreak to one side to attend Styles’ Love on Tour concert in Germany on Wednesday. 

The 21-year-old from Austria had managed to get herself towards the front of the standing section at the Olympic Stadium in Munich.

A touching video shows Styles stopping his concert to take questions from fans and noticing the sign that Cecilia was holding in her hands.

The large sign read: ‘He cheated. Should I forgive him?’

'Dump him!': A concert-goer was left stunned after Harry Styles advised her to leave her boyfriend who allegedly cheated

‘Dump him!’: A concert-goer was left stunned after Harry Styles advised her to leave her boyfriend who allegedly cheated

The singer-songwriter, 29, showed off his impeccable style in a striped polo shirt tucked into metallic silver trousers.

He leaned in to address Cecilia, saying: ‘Would you like to take this enquiry to the public?’

As Styles tells the crowd what the sign says, the almost 70,000 fans begin to chat in unison saying: ‘Dump him, dump him.’

However, Styles hushes the crowd to address the broken-hearted Cecilia, asking: ‘Who is this person, how long have you been together?’

Cecilia confesses: ‘He’s a good boyfriend, almost five years, he says he’s sorry.’

The crowd begins to yell in disgust at the cheater as Styles jokingly yells: ‘Why, Flo, why, was it worth it to throw it all away?’

He then asks: ‘Is Flo here tonight?’

Cecilia replies with: ‘No, he’s working.’

Styles replies: ‘That’s unfortunate because I have some questions.’

The singer then rounds up the touching interaction by advising the young Austrian to do what makes her happy.

The crowd cheers again for Cecilia, who has since broken up with her boyfriend and is looking to live elsewhere.

Cecilia took to social media to share the amazing moment, writing: ‘Thank you, Harold (and the 70,000 people in Munich N1) for your advice!’

Advice: The singer then rounds up the touching interaction by advising the young Austrian to do what makes her happy

Advice: The singer then rounds up the touching interaction by advising the young Austrian to do what makes her happy

The video received over 280,000 views with more than 2,000 comments as many fans delighted in the interaction between Styles and Cecilia.

One person joked: ‘Do what makes you happy.’ Cecilia shooting her shot said: ‘You make me happy.’

Speaking to Deadline, Cecilia said: ‘We’ve been together for five years and we are not really together at the moment.

‘We still share an apartment and I’m currently looking for another apartment to move out, so we still talk here and there because we still live together but we aren’t together anymore.

‘A few months before the show, my boyfriend cheated on me and at the point of the video we were still together and he did not know about the sign.

‘I was still pretty sad about the cheating and I still did not know if I should just leave him or forgive him and move on from it.’

She added: ‘I camped for 45 hours before the show. The girl I camped with, Kattie, told me to ask Harry if I should forgive him and said that only Harry could help me in this situation.

‘So I did and Harry saw it, read it and said, ‘We will come back to you! What do you think?’

‘He never really said to dump him but I could see that he meant it. He said that I should do whatever makes me happy, but he knows I deserve better.

‘Harry is always very caring and loving to his fans but it felt really special to me, to see that he listened to carefully and that he showed me that my feelings matter. I really felt seen and heard by him.’

Be prepared! Harry's fans have been urged to print tickets for his upcoming Edinburgh show, after Beyonce's concert was hit by issues with fans trying to gain entry

Be prepared! Harry’s fans have been urged to print tickets for his upcoming Edinburgh show, after Beyonce’s concert was hit by issues with fans trying to gain entry 

Drama! It comes after chaos with fans attending Beyonce's concert at Murrayfield on Saturday, with some complaining that due to poor signal they were unable to present their tickets

Drama! It comes after chaos with fans attending Beyonce’s concert at Murrayfield on Saturday, with some complaining that due to poor signal they were unable to present their tickets

Styles is currently on his 2023 Love On Tour and will play to 70,000 fans at Murrayfield Stadium in Edinburgh on Friday and Saturday.

Fans have been urged to print tickets for his upcoming show, after Beyonce’s concert was hit by issues with fans trying to gain entry.

Fans were told: ‘You MUST print your ticket before coming to the venue otherwise you will not gain entry.’ 

It comes after Ticketmaster chaos meant some fans struggled to gain entry to Beyonce’s concert at Murrayfield on Saturday, with some complaining that due to poor signal they were unable to present their tickets. 



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