PayPal's Dan Schulman thinks cryptocurrency is on its way to the mainstream.
U.K.-based bitcoin app Ziglu raised over $8 million in a crowdfunding campaign, the largest equity raise on the Seedrs platform this year.
About 65% of users would use bitcoin as a currency at PayPal's 28 million merchants.
An identity management provider backed by PayPal, Foxconn and others has been acquired by Nevada-based holding company Blockchains LLC.
With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset.
When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow.
Schulman spoke about the fall of cash, the rise of bitcoin and the institutional traders taking note of both.
Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is this?
All eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday.
PayPal's embrace of crypto brings a potential 345 million people into the ecosystem. But where banks go, regulators follow.
Visa has added crypto wallet provider ZenGo into its Fast Track program. The startup hopes to launch a debit card in the U.S. in early 2021.
PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the company’s third quarter earnings call Monday.
PayPal opening its network to cryptocurrencies could create a serious tax headache for users.
TRM Labs, a blockchain analytics firm with backing from PayPal, is adding Ari Redbord as its head of legal and government affairs.
A report suggests the action may be over the firm's digital currency, Masterbucks.