Venmo

Tech

Эта новость может свидетельствовать о возобновлении интереса со стороны традиционных платежных платформ к криптовалютам и технологиям блокчейна.

By Margaux NijkerkSep 10, 2024

The U.S. Consumer Financial Protection Bureau (CFPB) wants to expand its oversight to cover nonbank payment providers and some subsectors of crypto transactions. While the proposal doesn't explicitly name these companies, footnotes reference Venmo (owned by PayPal) and Cash App (owned by Block) as examples of person-to-person payment apps that a majority of Americans have used. CoinDesk managing editor of global policy and regulation Nikhilesh De weighs in.

Nov 8, 2023

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including Mt. Gox pushing back the deadline for its planned repayments by another year. A stablecoin makes its debut on mobile payment service Venmo. And, Grayscale throws its hat in the ring for a new ether futures ETF. Grayscale and CoinDesk are both owned by DCG.

Sep 21, 2023

PayPal USD (PYUSD), the latest stablecoin pegged to the U.S. dollar, will be an Ethereum-based token offered to the company’s online-payments customers before expanding to PayPal’s Venmo app. Timothy Massad, former CFTC chairman, PayPal advisor, and current director of the Digital Assets Policy Project at the Harvard Kennedy School, discusses the broader implications, noting that PayPal's move shows "this technology could be beneficial in payments more generally."

Aug 9, 2023

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.

Apr 28, 2023

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.

Jan 4, 2022

PayPal’s popular payment app Venmo will no longer feature a public, global feed of users’ transactions as part of a move to offer users better privacy controls. This comes on the heels of Joe Biden’s secret Venmo account leaking. “The Hash” panel discusses the importance of privacy as a fundamental part of crypto usage.

Jul 22, 2021

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.

May 26, 2021

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.

May 18, 2021

PayPal’s Venmo is the latest payment app to embrace crypto, allowing its users to buy, hold and sell bitcoin and other currencies. “The Hash” panel digs into PayPal’s continued big bets in cryptocurrency and the future of mainstream payment options.

Apr 20, 2021