POTUS continues to add crypto-friendly advisers and leaders to his ranks President-elect Donald Trump has tapped David Sacks, a former PayPal executive and venture capitalist, as his lead policy adviser for artificial intelligence and cryptocurrency. Announced via Truth Social today, Sacks will take on the role of “White House A.I. & Crypto Czar,” with responsibilities
PayPal has frozen his account amid questions over the source of funds Phil Galfond, a poker pro and founder of Run It Once, faced a contentious situation with PayPal after the platform froze $117,000 in his account for six months. The funds, believed to be tied to his Beyond the Game poker-coaching business, were unexpectedly
The addition of PayPal enhances the payment processing company’s services Payment processing company MoonPay has announced the addition of another fiat purchasing option for European Union and UK customers. European users will soon be able to use PayPal to purchase crypto products on the platform. The new feature is currently available for 1% of European
PayPal is launching its stablecoin on Solana and will reportedly offer greater privacy PayPal announced on May 29 that its dollar-pegged PYUSD stablecoin, recently deployed on Solana, will provide customers with a new feature to make “confidential transfers” on the platform. According to a May 29 Solana blog post, the extension will authorize vendors to
PayPal continues to move deeper into the crypto space following its success in the US Worldwide payments platform PayPal has acquired authorization from the Financial Conduct Authority (FCA) to deliver crypto services to customers in the UK. PayPal has been approved to provide “certain crypto asset activities” in the UK starting on October 31, according
PayPal continues to refine its entrance into the cryptocurrency universe Crypto.com has partnered with PayPal and Paxos to become PayPal USD’s preferred platform. It’s another step for PayPal and its stablecoin project as it continues to advance deeper into the crypto space. Crypto.com currently has the world’s deepest liquidity for PYUSD trading pairs, according to
The payments platform steps deeper into the crypto space with a new tool PayPal is taking another step forward with its plans to embrace cryptocurrency. The new Cryptocurrencies Hub is crucial to PayPal’s plan to reinvent the platform as crypto-inclusive and will allow users to buy and sell cryptocurrencies, among other features. The online payments
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