PayPal | ForkLog

ForkLog 15 12.02.2021

PayPal to refrain from holding reserves in Bitcoin

PayPal is not considering acquiring cryptocurrencies, such as Bitcoin. This was stated by the payment giant's chief financial officer John Rainey in an interview with CNBC, Reuters reports.

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ForkLog 16 12.02.2021

PayPal chief sets sights on turning the company into a digital wallet for CBDCs

The payments giant PayPal will deepen the integration of cryptocurrencies into its business, including positioning its supported app as a “digital wallet for global national digital currencies (CBDCs).” The plans were shared by PayPal CEO Dan Schulman at an investor conference.

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ForkLog 28 04.02.2021

PayPal CEO: Crypto trading volume through the app exceeded expectations

In the fourth quarter, the payments giant PayPal attracted 16 million new customers and processed $277 billion in payments. According to CEO Dan Schulman, the company is actively investing in its cryptocurrency division, which has more than met expectations.

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ForkLog 16 12.01.2021

PayPal posts a record $242 million in cryptocurrency trading

The payments giant PayPal posted a record level of cryptocurrency trading on its platform. On January 11, users conducted $242 million in trades.

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ForkLog 27 24.12.2020

Media: PayPal abandons bid to acquire BitGo

The payments giant PayPal has exited the deal to acquire the crypto custody service BitGo. Fortune reports, citing several sources.

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ForkLog 10 02.12.2020

PayPal CEO urges crypto industry to work hand in hand with regulators

Representatives of the cryptocurrency industry must comply with regulatory requirements for the common good. PayPal chief Dan Schulman said this at the Web Summit conference.

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ForkLog 21 02.12.2020

65% of PayPal customers willing to use Bitcoin as a payment method

65% of PayPal customers say they are willing to pay with Bitcoin for goods and services at 28 million points of sale, according to a survey by Mizuho Securities USA.

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ForkLog 18 26.11.2020

PayPal blocks user’s account over cryptocurrency trading

PayPal blocked one of its users after he made about ten cryptocurrency transactions in a week. The author under the pseudonym TheCoolDoc said on Reddit.

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ForkLog 23 24.11.2020

Why Bitcoin Is Rising: Fundamental Drivers, Opinions, and Forecasts

The year 2020 proved not only tumultuous but also extraordinarily successful for bitcoin investors. Fueled by global uncertainty, turbulence in financial markets and currency devaluations, the price of the world’s first cryptocurrency approached December 2017 levels.

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ForkLog 24 23.11.2020

PayPal CEO: Using Bitcoin as a payment method will enhance its functionality

PayPal CEO Dan Schulman believes that ultimately Bitcoin will be used more for everyday payments than as a store of value. He said this in an interview with CNBC Squawk Box.

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ForkLog 22 21.11.2020

Pantera Capital: PayPal and Cash App Driving Bitcoin Shortage

The launch of bitcoin support by PayPal, in combination with active purchases through Square's Cash App, is having a material impact on the shortage of the leading cryptocurrency and, consequently, on the asset's price. This is stated in the latest letter from the investment firm Pantera Capital.

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ForkLog 23 12.11.2020

PayPal launches bitcoin buying and selling for US users

The payments company PayPal announced access to bitcoin and several altcoins for its American customers.

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