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Mastercard, Visa Join Other Major Companies to Suspend Russian Services

CoinDesk’s Nikhilesh De joins “First Mover” to provide a geopolitical update as Visa, Mastercard, Paypal and Amex suspend operations in Russia. De explains how this will impact everyday people in Russia and what it means for the Russia-Ukraine crisis.

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PayPal Exploring Creating Its Own Stablecoin as Crypto Business Grows

PayPal is looking into launching its own stablecoin as the company grows its crypto business. Hidden code in its iPhone app shows a potential “PayPal Coin” would be backed by the U.S. dollar. “The Hash” panel discusses Paypal’s latest crypto efforts, potentially bringing mainstream blockchain awareness.

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Venmo, PayPal, Cash App Must Report Payments of $600 or More to the IRS

New year, new tax requirements. The Internal Revenue Service (IRS) is cracking down on payments received through third-party apps like Venmo, PayPal and Cash App to ensure those using these networks are paying their fair share of taxes. These platforms, coincidentally, also allow crypto purchases. "The Hash" crew discusses the issues of regulation, consumer privacy and impact on small businesses.

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‘The Contrarian’ Author Max Chafkin on Silicon Valley Evolution and Web 3

In his book “The Contrarian,” author Max Chafkin makes the case Big Tech’s leading conservative Peter Thiel, the multi-billionaire who co-founded PayPal and an early pioneer in digital currencies, wrote the playbook for Silicon Valley tech behemoths and Web 2.0.

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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).

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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.

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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.

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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.

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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.

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