Venmo


Tech

PayPal, Venmo to Accept ENS's Human-Readable Blockchain Names

The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.

Ethereum Name Service founder Nick Johnson (ENS)

Videos

How Companies Like PayPal, Jack Dorsey's Block Could Be Impacted by CFPB Plan

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.

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Videos

Mt. Gox Pushes Repayment Deadline; PayPal's Stablecoin Now Available to Venmo Users

"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.

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Videos

PayPal's Stablecoin Debut Shows This Technology 'Has Value Outside of Crypto': Former CFTC Chair Massad

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."

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Videos

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.

Recent Videos

Finance

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

The feature will become available in May, PayPal's Jose Fernandez da Ponte said during a panel at Consensus 2023.

PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)

Opinion

Paul Krugman Is Having a Bitcoin Moment

Venmo blacklisted the die-hard crypto skeptic. Maybe now he’ll see the light.

Paul Krugman (David Shankbone/Creative Commons)

Finance

Users of Coinbase, PayPal, FTX.US and More Will Be Able to File Crypto Taxes for Free Through TaxBit Network

The network will let all customers of participant businesses access free tax filing tools.

Left to right: TaxBit co-founders Justin and Austin Woodward

Videos

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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Markets

Venmo Credit Card Holders Can Now Trade Cash Back for Crypto

Customers can choose between bitcoin, ether, litecoin and bitcoin cash.

Venmo is a division of payments company PayPal.

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