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November 5, 2025

On the web

Japanese SoftBank PayPay Faces Hurdle Amid US Government Shutdown

The American Bazaar

"Japan’s SoftBank Corp President Jun Miyakawa said that the U.S. government shutdown has halted regulatory review of its payments app operator PayPay’s planned listing in the U.S. PayPay is a Japanese mobile payment app developed by SoftBank Corp. in partnership with Yahoo Japan, launched in 2018 to promote cashless payments in a traditionally cash-focused market."

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