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PayPal
Here's the Video Uniswap Didn't Want You See About Its Plans to Expand Into Consumer Finance
Uniswap, the largest decentralized exchange by volume, is in talks with well-known fintech companies like Robinhood and PayPal to expand into consumer finance and provide decentralized finance (DeFi) to the mainstream, at least according to a deleted YouTube video from last week's Paris EthCC conference. "The Hash" panel discusses the future of Uniswap and its potential role in meshing together the worlds of DeFi and traditional finance (TradFi).
Paxos General Counsel on Stablecoin Backings, Risks and Regulations
Paxos, the crypto infrastructure firm behind Paypal, has released a breakdown of reserves of its stablecoins PAX and BUSD for the first time. Paxos General Counsel Dan Burstein discusses the key takeaways, noting differences between Paxos’ products and other stablecoins like USDC and USDT.
Paraguay to Embrace Bitcoin After El Salvador?
Paraguay may follow El Salvador in announcing meaningful adoption of bitcoin, following a tweet by Paraguay congressman Carlitos Rejala saying a new project will begin this week involving bitcoin and PayPal. Bitcoin.com.py CEO Juanjo Benitez Rickmann joins “First Mover” to discuss the way ahead for crypto adoption in Paraguay.
PayPal Will Soon Allow Users to Withdraw Crypto
PayPal's blockchain lead said at Consensus 2021 that the global payments giant will soon allow customers to move their cryptocurrencies to wallets of their choice. "The Hash" panel discusses the significance of the announcement.
PayPal Exec: Most Central Banks Don't Have Appetite to Own Technology
During a 1:1 session at Consensus 2021, PayPal's VP & GM, Blockchain, Crypto and Digital Currencies, Jose Fernandez da Ponte, believes central banks know what they are doing on the technology side but doesn't think they have an appetite to own the technology stack and handle millions of consumer accounts.
PayPal Exec: Third-Party Wallet Transfers Coming to PayPal, Venmo Soon
Speaking at Consensus 2021, Jose Fernandez da Ponte, PayPal's VP & GM of Blockchain, Crypto and Digital Currencies, confirmed that the global payments giant will soon let users withdraw cryptocurrency to third-party wallets.
Venmo Reportedly Halting Some Payments Referring to Palestine
Paypal’s Venmo is halting transactions for some payments that refer to Palestine, according to Rest of World. A number of Venmo users say their payments to the “Emergency Palestinian Relief Fund” are stalled.
Paxos Becomes the Third Federally Regulated ‘Crypto Bank’
Paxos has received preliminary approval from the OCC to form a national trust bank, making it the third such “crypto bank” to be nationally regulated. Paxos’ General Counsel Dan Burstein joins “First Mover” to discuss what it means to become a crypto bank and if it will affect its partnership with PayPal.
ASEAN+1 Pledge to Advance Blockchain; PayPal to Launch Wallet in China
Blockchain and fintech groups in five ASEAN countries and Australia sign memos to advance blockchain innovation together. The consortium hopes to engage regional regulators as blockchain draws more attention from institutions. PayPal announces plans to launch a new domestic wallet in China, with a focus on cross-border payments.