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Personal Finance Expert Suze Orman Says ‘I Love Bitcoin’ — Advises How to Buy BTC, Praises Paypal
7.3.2021
American financial advisor Suze Orman says she loves bitcoin. She has provided some advice on how to invest in the cryptocurrency a month, noting that she prefers to buy bitcoin through Paypal’s crypto service because the payments giant has made it easy to do so. Suze Orman Loves Bitcoin Suze...
Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion
5.3.2021
U.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. Taxbit chief executive...
US crypto tax startup TaxBit to channel $100M raise into UK expansion
3.3.2021
Utah-based startup TaxBit prepares to provide global crypto-oriented tax expertise with a newly raised $100 million
DeFi token CRV spikes after reports PayPal acquired unrelated custody firm Curv
3.3.2021
Curve Finance is up nearly 30% in 24 hours after traders rallied into the wrong market in response to news that PayPal may have acquired the crypto custodian, Curv
PayPal Rumored To Buy Curv, Goldman Sachs Reenters Bitcoin + More News
2.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
PayPal is said to be in the process of buying crypto custodian Curv, Coindesk reported, citing three undisclosed sources...
Paypal to Expand Its Crypto Services Offering to the UK
15.2.2021
Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.” Results With the Paypal...
Crypto Opens Up PayPal, Square, Visa To New Revenue Streams - Fitch
15.2.2021
Strategic crypto investments are expected to have a limited near-term effect on the credit profiles of companies such as PayPal, Visa, Square, and Mastercard, taking into account the modest capital deployed and the long ramp time, major credit rating agency firm Fitch Ratings said. Moreover, adding...
PayPal Touts Crypto For Its 'Super App,' But It Won’t Buy Bitcoin Just Yet
12.2.2021
Dan Schulman. Source: a video screenshot, Youtube/Axios
Payments giant PayPal will “probably” not be following Tesla’s lead in bitcoin (BTC) buying just yet – but it will spare no effort in allowing its customers to fill their boots with crypto-related offerings.
In presentations to investors...
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...