PayPal Embraces Bitcoin: Is It Only the Beginning?
PayPal announced a monumental partnership today that will likely play a large part in the adoption of bitcoin throughout the world. The company has partnered with BitPay, Coinbase, and GoCoin to provide bitcoin support to the millions of PayPal users. The first project consists of integrating with the company's Payments Hub, which is likely to be a small....
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The mega-wallet provider Coinbase and global payments leader PayPal have formed the start of a new agreement that will allow PayPal customers to do more than ever before with Bitcoin. PayPal is actively investing in Bitcoin’s future. As Bitcoin prices fluctuate wildly before the halving event next month, now taking a downturn even more impressive than its previous bull-run, the Bitcoin community continues to add infrastructure and forge major new deals that make for a stronger future. Bitcoin price and charts may change every day, but it is a good time to look beneath the numbers for true....
Paypal or Bitcoin? Or Both? The diaspora of arguments touting Bitcoin's superiority over Paypal is endless. There are economic incentives for buyers and sellers, large and small, to use Bitcoin vs Paypal. Simultaneously, there are still infrastructure gaps that may prevent the efficient use of Bitcoin over Paypal at this time. Today, I will focus on why I (me, me, me), and by extension why you, should use Bitcoin instead of Paypal. Centralized Vs. Decentralized. Any Paypal user, whether a buyer or a seller, will at some point run into issues with Paypal's centralized structure. For....
A major Paypal executive is taking his talents to the Bitcoin industry, leaving payment processing giant Paypal to take a position at Bitstamp. Jean-Baptiste Graftieaux was Paypal's chief compliance officer (CCO) and will be taking the same position with Bitstamp. As first reported by CoinDesk, Graftieaux worked for Paypal as their COO of their European, African and Middle Eastern divisions. As a CCO, Graftieaux would have been responsible for making sure Paypal fell in line with the financial laws of the localities that fell under his jurisdiction. Being responsible for portions of three....
After more than a decade of being part of eBay Inc. , PayPal will return to the stock market as an individual company. Shares of PayPal (PYPL.O) jumped up 11% in value as people anticipate the company’s return to NASDAQ. With that rise, and adjusting for market stabilization, PayPal is now valued at about $52 Billion. Online payments have changed considerably since 2002 when eBay acquired PayPal, and the popularity of PayPal has lead to a relationship that hinders the potential of PayPal. Processing over $235 billion in 2014, PayPal handles some massive transaction volume on a daily basis,....
Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to All Eligible UK Customers Payments giant Paypal Inc. announced Friday that it has completed the rollout of its crypto offering in the U.K. The rollout began in late August when the company announced the launch of its crypto service in the U.K. The official account of Paypal U.K. tweeted: We are delighted to share that all eligible....