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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.

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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.

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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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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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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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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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Buying Crypto on PayPal: Some Important Things to Keep in Mind

PayPal is rolling out a crypto checkout service in the United States, making it possible to pay merchants with bitcoin after purchasing BTC on the platform. CoinDesk’s Learn Editor Ollie Leech joins “All About Bitcoin” to review PayPal crypto services and how they compare to crypto exchanges.

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PayPal to Start Letting US Customers Use Their Crypto at Checkout

PayPal plans to let its 29 million online merchants use cryptocurrency as a payment method. “The Hash” panel discusses the role of PayPal pushing crypto further mainstream and the future of crypto payments.

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