Venmo will enable fiat-to-crypto payments in May
[Apr 28, 2023 2:00 PM] Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address.
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PayPal’s Venmo To Enable Ability To Transfer Bitcoin To External Wallets In May
[Apr 28, 2023 11:41 AM] Users who have purchased bitcoin through the app will now be able to take self-custody of their BTC, as well as send it directly to other Venmo users.Venmo, the mobile payment platform owned by PayPal, is launching the ability for its customers to…
PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets
[Apr 28, 2023 10:13 AM] The feature will become available in May, PayPal's Jose Fernandez da Ponte said on a panel at Consensus.
PayPal and the credit card industry are taking advantage of consumers
[Apr 4, 2023 1:18 PM] Stablecoins offer a way for consumers — particularly Americans — to escape the financial industry’s punitive transaction fees.
PayPal co-leads $20M seed funding for on-chain risk optimizer Chaos Labs
[Feb 22, 2023 2:30 AM] Chaos Labs protects crypto protocols against external exploits and risks with an automated risk management platform.
Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
[Feb 14, 2023 3:19 PM] ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside.
Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry
[Feb 11, 2023 1:30 PM] During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on…
PayPal held $604M in Bitcoin and other crypto by the end of 2022
[Feb 10, 2023 7:58 AM] Bitcoin and Ether have the largest share in PayPal’s crypto assets, accounting for $291 million and $250 million in the asset breakdown, respectively.
Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report
[Jan 24, 2023 5:30 PM] Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a…
US Government Delays Tax Reporting Rules for Cryptocurrency Brokers
[Dec 25, 2022 4:00 AM] The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S…
Software Firm Consensys Partners With Paypal, Metamask Users Can Use Payment Processor to Buy ETH
[Dec 17, 2022 3:00 PM] On Dec. 14, the Ethereum software firm Consensys announced that the company has teamed up with the payment processing giant Paypal. The integration allows Metamask wallet users to purchase ethereum via Paypal from within the Web3 wallet…
PayPal has become an episode of Black Mirror: Elon Musk
[Dec 13, 2022 9:43 PM] The "PayPal Mafia" including co-founders Peter Thiel and Elon Musk have slammed the payments platform over its "totalitarian" debanking policies.
Why Bitcoin Is Not Like PayPal Or Venmo
[Nov 10, 2022 5:39 PM] Bitcoin is an entirely new paradigm of money, not a simple secondary payments layer built to increase ease of access like PayPal or Venmo.This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple”…