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Markets

Why It's Tough to Send Aid Money to Palestine During the Latest Israel-Hamas Conflict

Banks in Israel and around the world are restricting business relationships with what they consider to be risky clients.

A security wall divides Israel and Palestine.

Tech

Venmo's Censorship of Gaza Payments Makes Case for Neutral Platforms

Whatever the rights and wrongs of the Gaza conflict, platforms like Venmo shouldn't decide who gets paid or not. We need open systems like Bitcoin.

Gaza City on Thursday

Videos

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.

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Markets

PayPal Q1 Transaction Revenue Rose 33% YOY as Total Revenue, EPS Topped Views

The payments giant raised yearly forecasts for net new accounts, total payment volume, revenue and earnings.

PayPal

Finance

Coinbase Debuts 'Buy With PayPal' Feature (but Read the Fine Print)

The integration could lead to massive, and avoidable, costs for users who don’t pay attention to Coinbase’s fee schedule.

Coinbase Global Debuts Initial Public Offering At Nasdaq MarketSite

Videos

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.

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Videos

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.

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Videos

PayPal Expands Its Crypto Offerings to Its Venmo Payments App

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.

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Markets

PayPal-Owned Venmo Adds Bitcoin Buying and Selling

Customers will be able to buy and sell crypto on Venmo for a fee starting from $1.

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