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US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’
8.8.2023
Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a U.S.-based payments company. McHenry stated that if properly regulated, stablecoins “hold promise as a pillar of...
PayPal says its crypto efforts are producing 'really great results' on earnings call
6.5.2021
PayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system
Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations
28.4.2021
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold...
PayPal CEO Dan Schulman Tells Web Summit the ‘Time Is Now’ for Crypto
2.12.2020
Dan Schulman took to the stage at Web Summit tech event on Wednesday, telling attendees that cryptocurrency is on the way to the mainstream
PayPal CEO Schulman Say He’s Bullish on Bitcoin as a Currency
23.11.2020
Schulman spoke the fall of cash, the rise of bitcoin, and the institutional traders taking note
Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US
12.11.2020
Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October. Paypal’s...
Paypal Begins Crypto Service: CEO Reveals Increased Limits, Expansion Plans, Venmo Rollout
3.11.2020
Payments giant Paypal has revealed more details of its new cryptocurrency service. The company is currently rolling out crypto functionality to U.S. customers, after which it will launch the service internationally and on the Venmo platform. Paypal’s CEO Unveils Crypto Plans Paypal CEO...
Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin
21.10.2020
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report...