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PayPal set to launch crypto trading in the UK and may embrace DeFi
30.7.2021
The global payments platform wants to let British customers trade crypto on its new “super app”
RIP To Me, The Person Writing This, A Real One
23.7.2021
Are you allowed to call yourself a real one? No, I would argue, you are not. That pretty much immediately disqualifies you from being a real one, so I’m already off to a rough start here. But today’s my last day at Kotaku, so I consider it my solemn duty to close out my award-wanting “RIP To A Real...
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
27.5.2021
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...
Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says
7.5.2021
The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.” The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great...
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’s Venmo Launches Crypto Trading for 70 Million Users to Buy and Sell Cryptocurrencies
20.4.2021
Venmo has announced the rollout of its “crypto on Venmo” service, allowing over 70 million users to buy, sell, and hold four types of cryptocurrencies, including bitcoin, using the popular Venmo app. Venmo’s new crypto service further shows Paypal’s commitment to the crypto...
Twitter Passes Stimulus Package for the Very Online
25.2.2021
Twitter is finally rolling out a way to get paid for tweeting that doesn’t involve putting a Venmo link in your bio, promoting a Patreon, or using the app to hunt for a rich spouse.Read more
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...
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
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
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