PayPal to start letting US customers pay in Bitcoin at global merchants
A checkout service will be implemented which waives transaction fees for purchases made using crypto, PayPal’s president and CEO confirmed. Go to Source Powered by WPeMatico
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Bitcoin jumps past $59K as PayPal launches crypto payments at 29M merchants
The latest adoption step for Bitcoin and some altcoins will receive official confirmation on Tuesday, PayPal tells Reuters. Go to Source Powered by WPeMatico
Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE
Payment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitcoin Gold, and Siacoin. Go to Source Powered by WPeMatico
Retail traders buying more Bitcoin than institutions: JPMorgan
Retail traders have been buying large amounts of BTC through PayPal and Square. Go to Source Powered by WPeMatico
European crypto company Bitpanda raises $170M
The funding round was led by Valar Ventures and partners from DST Global. Go to Source Powered by WPeMatico
‘Existential threat’ to Bitcoin-investing companies from carbon fallout
Asset managers are warning industry giants like Tesla and PayPal that investing in energy-intensive assets like Bitcoin could diminish their popularity among investors. Go to Source Powered by WPeMatico
PayPal purchases crypto custody firm Curv
The platform said it plans to complete the acquisition before the third quarter of 2021. Go to Source Powered by WPeMatico
Paypal Acquiring Crypto Security Firm Curv to Expand Digital Asset Initiatives
Payments giant Paypal has announced that it is acquiring Tel Aviv-based crypto security infrastructure provider Curv. According to Paypal, this acquisition will help the company “expand its initiatives to support cryptocurrencies and digital assets.” The deal is reportedly worth less than $200 million. Paypal Holdings Inc. (NASDAQ: PYPL) announced Monday “that it has agreed to … Read more
US crypto tax startup TaxBit to channel $100M raise into UK expansion
Utah-based startup TaxBit prepares to provide global crypto-oriented tax expertise with a newly raised $100 million. Go to Source Powered by WPeMatico
Paypal to Expand Its Crypto Services Offering to the UK
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 Services Have ‘Exceeded’ Expectations in the US During Paypal’s Investor Day 2021 … Read more