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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...
PayPal crypto services to go global early 2021, support for CBDCs coming
3.11.2020
PayPal is planning to launch crypto services for users of its platform globally, along with the Venmo app, and the company will explore central bank digital currencies
Bitcoin soars to $12.9K as PayPal proves crypto is ready for everyone
21.10.2020
Further gains in Wednesday trading come as mixed reactions flow in over PayPal’s decision to support four cryptocurrencies in 2021
Bitcoin breaks above $12.3K after PayPal confirms Venmo to become BTC wallet
21.10.2020
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains
Coinbase Hires Executives From Venmo, Adobe and Google
23.9.2020
Cryptocurrency exchange and wallet platform Coinbase announced on Wednesday it has hired three new executives to serve as VPs for Product, Engineering, and Design & Research
‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo
27.8.2020
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre
PayPal Picks Paxos to Supply Crypto for New Service, Sources Say
20.7.2020
PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter
Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms
15.7.2020
Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon allow users to buy and sell cryptocurrencies directly....
Class Action Alleges Visa-Acquired Co Was ‘Data Plumbing’ Venmo, Cash App & More
29.6.2020
A new class action alleges that Plaid, which Visa recently bought for over $5 billion, had unparalleled access to the financial information of millions of users
PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
22.6.2020
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter
Blockchain Bites: China’s Miners, Africa’s Venmo and Cuba’s New Exchange
23.4.2020
Binance launches the Venmo of Africa, Cuba gets a new exchange and Starbucks will trial the "digital yuan."
Paystand Raises $20M to Be Blockchain-Based ‘Venmo’ for Commercial Payments
7.2.2020
The firm offers a platform using blockchain tech to automate commercial payments
Authors of New York’s P2P ‘Public Venmo’ Bill Hope for Greater Decentralization
10.1.2020
Authors of New York’s new digital payments system Inclusive Value Ledger claim that the initiative is still open for implementing blockchain technology
Coinbase-Backed Stablecoin Startup Reserve to Launch ‘Venmo Style App’ in Venezuela
12.5.2019
A stablecoin-based, “Venmo style” payments app will be launched in Venezuela and Angola by Coinbase-backed startup Reserve