Money stored in Venmo, other payment apps could be vulnerable, financial watchdog warns.
Customers of Venmo, PayPal and CashApp should not store their money for the long term with these apps since their funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday.
Kamala Harris art, 'Daily Show' lead Anthem Awards finalists
An art installation inspired by Vice President Kamala Harris, The New York Timesโ โThe 1619 Projectโ and โThe Daily Show with Trevor Noah,โ as well as charitable programs from Airbnb, Google, PayPal and the National Football League, are among the finalists for the inaugural Anthem Awards announced Tuesday.
Facebook's Libra cryptocurrency project in crisis
The firms were part of a group of more than two dozen nonprofits and companies originally listed as "founding members" of the Libra Association, which is intended to to be an independent overseer of the cryptocurrency. "We appreciate Stripe and eBay's support for the goals and mission of the Libra project," a spokesperson for the Libra Association said in a statement provided to CNN Business. The first meeting of the Libra Association Council is set to take place in "just 3 days," the spokesperson added. Facebook previously said it created the Libra Association so that no one company would have an outsized influence over the currency. But from the beginning, it appeared some association members might have reservations about officially joining the group.