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PayPal
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.
PayPal Increases Crypto Payment Limits for US Customers
The company wants to give its customers “more choice and flexibility” in buying cryptocurrency on its platform.
Visa, PayPal Join Crypto VC Blockchain Capital’s New $300M Fund
PayPal said it's the first time the company has invested as an LP in a fund focused on blockchain and digital assets.
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.
Market Wrap: Weak PayPal Pump Leaves Market Mostly Flat With BTC at $38K, ETH $2.7K
Bitcoin’s 30-day volatility has been dropping the past two days. So has gold's.
Talos Raises $40M Series A Funding From a16z, PayPal, Fidelity
Talos' services include liquidity access, direct market access, price discovery, automated execution, reporting, clearing and settlement.
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.
PayPal Will Let Customers Withdraw Crypto, Exec Says
"We want them to be able to take the crypto they acquired with us and take it to the destination of their choice," says Jose Fernandez da Ponte.
