Search
PayPal Wants to Be a CBDC Distributor
11.2.2021
The digital currencies could be distributed through PayPal’s digital wallets, the company’s CEO said
PayPal expanding crypto services to U.K. residents
11.2.2021
CEO Dan Schulman said last week the company would add crypto buying, selling, and custody features to "Venmo and select international markets" in 2021
PayPal’s Crypto Products Coming to the UK In Months
11.2.2021
The UK will be the first place PayPal has expanded crypto products to outside of the U.S
Moment of truth? Tesla purchase is the moment Bitcoin has been waiting for
11.2.2021
Despite some expected near-term volatility, Tesla’s exploration of the crypto realm will likely help the industry scale up to new heights
MasterCard announces support for crypto on its network
11.2.2021
MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported
Mad Money’s Jim Cramer Says Tesla, Paypal, Mastercard Are Pushing Bitcoin More Into Mainstream
9.2.2021
Mad Money host Jim Cramer has applauded Elon Musk and Tesla for their bitcoin investment. He said that Tesla, Paypal, and Mastercard are pushing bitcoin more into the mainstream. He believes that more companies should do more with their cash as Tesla did. Jim Cramer on Tesla, Paypal, and Bitcoin...
India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market
6.2.2021
The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. RBI Near Digital Rupee Announcement As...
Paypal Launches Business Unit Dedicated To Cryptocurrency
6.2.2021
Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money...
PayPal Says Venmo Under Investigation in US by Consumer Regulator
5.2.2021
The U.S. Consumer Financial Protection Bureau is probing the social payments app, according to Reuters
Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner
5.2.2021
Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said
What We Learned About PayPal’s Crypto Strategy This Week
4.2.2021
Insights from PayPal’s first quarterly earnings report since launching crypto services
PayPal to Beef up Crypto Operations with ‘Significant Investment’
4.2.2021
PayPal’s decision to embrace crypto was widely credited with sparking last year’s crypto price surge, and bitcoin (BTC)-to-USD rates are now rising steadily after the company claimed that it would “significantly invest” in a “new crypto, blockchain and digital currencies business unit” that...
PayPal to offer crypto payments for merchants, limited trading on Venmo
3.2.2021
After their limited crypto trading service "exceeded expectations," the company will double down on crypto, blockchain, and digital currencies in 2021
PayPal 2020 Results: ‘Outstanding Finish to a Record Year’
3.2.2021
It was the first quarterly earnings report from the payments giant since rolling out its crypto service in late 2020
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...
Bullish or bearish? PayPal hosts $242M in crypto trading over 24 hours
12.1.2021
Daily crypto volume on payments giant PayPal have surged to record highs above $240 million
Social networks and the digital economy: A preview of IMVU’s VCOIN
7.1.2021
After getting some boundaries in which to operate from the SEC, IMVU's new blockchain-based token will be a major test case for crypto
PayPal, Coinbase Invest in Crypto Tax Automation Startup TaxBit
7.1.2021
PayPal Ventures, Coinbase Ventures and Winklevoss Capital invested an undisclosed amount in the firm
US crypto firms invest in tax solutions as IRS updates reporting forms
7.1.2021
Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit
Market Wrap: Bitcoin Blows Past $36.1K While Traders Clamor for Ether Options
6.1.2021
Bitcoin hit another all-time high today while ether traders are paying royally to get in on the options action