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PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets

Jose Fernandez da Ponte, PayPal's SVP and General Manager, discusses at Consensus 2023 the platform's new functionality on Venmo and why the feature, slated for May, will give users the ability buy and send crypto to other wallet users via the Venmo app.

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Finance

Galaxy Digital и PayPal возглавили сбор средств в размере 20 млн долларов для Chaos Labs

Стартап предлагает автоматическую систему экономической безопасности и движок моделирования для децентрализованных Финансы проектов.

Ori Nevo, head of customer success at Chaos Labs (Danny Nelson/CoinDesk)

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PayPal Held $604M in Crypto For Its Customers as of Year-End 2022

PayPal (PYPL) held a total of $604 million of bitcoin (BTC), ether (ETH), litecoin (LTC) and bitcoin cash (BCH) for its customers as of Dec. 31, according to its annual report to the U.S. Securities and Exchange Commission (SEC). The payments company has been allowing customers to buy and sell crypto since October 2020, though it has only recently begun to disclose specific holdings of different coins in its SEC filings. "The Hash" panel discusses what this means for PayPal's crypto ambitions.

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PayPal Expanding its Crypto Service to Luxembourg 'in Coming Days'

PayPal will start its crypto service to Luxembourg, marking the first rollout of its crypto service to a European Union country. “The Hash” panel discusses how Luxembourg could serve as a gateway for the other 26 countries in the bloc once the Markets in Crypto Assets (MiCA) regulation comes into effect.

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Bitstamp Exec: Bitcoin Sentiment 'Pretty Positive' Across the Board

Bitstamp U.S. Chief Compliance Officer Thomas Hook joins "All About Bitcoin" to discuss Europe's crypto growth and mass adoption trends, integration with PayPal and impact of Liz Truss resigning as U.K. Prime Minister. Plus, bitcoin (BTC) outlook amid low volatility.

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PayPal Says It’s Not Fining Users for Misinformation

“The Hash” panel discusses PayPal walking back its Acceptable Use Policy (AUP) notice that would have fined users $2,500 for spreading “misinformation,” claiming the update “went out in error.”

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When Payments Go Programmable

Jose Fernandez da Ponte, PayPal's SVP and GM of Blockchain, Crypto, and Digital Currencies (BCDC) joins PayPal President and CEO Dan Schulman at Consensus 2022 to discuss the role cryptocurrency plays in the future of payments. Moderator: Alan Murray, Chief Executive Officer, Fortune Media (USA) Corporation

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Paypal Expands Crypto Abilities: What’s Next?

“The Hash” discusses Paypal’s move to expand its crypto abilities, including allowing U.S. users to transfer supported coins to third party wallets.

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