US payment company PayPal Holdings has announced a CEO change after its strategy to relaunch the business failed to meet its stated goals, Logos Press reports.

Technologies are firmly entering all spheres of social and economic life. At the same time, their development is so rapid that the authorities do not have time to fit them into the regulatory and legal framework. New payment instruments are especially difficult to legalize. Recently, the government has opened the legislative floodgates with regard to PayPal (and not only).
