PayPal had previously declined to say whether it had any designs in the crypto space; the letter from early March appears to confirm it.
Blockchain Bites: PayPal’s Push, FATF’s Rules and ‘Overstated’ Libra Fears
Industry leaders reflect on PayPal’s reported plan to offer direct access to crypto for its 325M users, while banks and crypto startups look for solutions to FATF’s Travel Rule.
PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert
The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.
PayPal Joins $4.2M Round for Crypto Banking Compliance Startup
Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk.
PayPal’s Axing of PornHub Model Payments May Boost Verge Crypto
PayPal has abruptly cut its payments service to thousands of live performers on Pornhub. Can the verge crypto pick up the slack?
Visa, Mastercard, eBay, Stripe Follow PayPal in Quitting Facebook’s Libra Project
Visa, Mastercard, eBay, Stripe and PayPal have all withdrawn from the Libra Association now.
PayPal Might Withdraw From Libra Association: Report
PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report.
Report: Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency
Visa, Mastercard, PayPal and Uber are all backing Facebook’s new cryptocurrency, according to the Wall Street Journal.
PayPal Wins Patent for Way to Defend Against Crypto Ransomware
Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.
PayPal Makes Its First-Ever Investment in a Blockchain Startup
Online payments giant PayPal has taken a stake in Cambridge Blockchain – its first investment in the blockchain space.
Coinbase Extends PayPal Withdrawal Option to 32 European Countries
Coinbase customers in the EU and European Free Trade Association countries can now make withdrawals into their PayPal accounts.
Coinbase Revamps PayPal Withdrawals for US Crypto Users
Coinbase customers in the U.S. can now make withdrawals into their PayPal accounts.
Rapper Soulja Boy Brags About Bitcoin Gains in New Rap Track
Soulja Boy is diving head-first into the crypto world with a song titled “Bitcoin” off his latest track.
Peter Thiel, Bitmain Co-Founder Invest in EOS Developer Block.one
In a fresh round of funding, Block.one has added to its line-up of major investors PayPal co-founder Peter Thiel and bitcoin mining giant Bitmain.
Another PayPal Co-Founder Is Embracing Blockchain’s ‘Seismic Shift’
Origin has hired Yu Pan, a co-founder of PayPal and the first employee at YouTube, to act as its Research and Development Engineer.
PayPal Is Seeking Faster Crypto Payments Tech
A patent application by PayPal proposes launching instantaneous transactions by transferring private keys rather than cryptocurrencies.