PayPal suspends user for crypto trading using PayPal’s own service
The user’s funds are reportedly under a 180-day hold.
Payments
Deloitte includes BitPay on top 500 tech companies list
BitPay beat Pinterest by several ranks on Deloitte’s prestigious list.
BIS head says physical cash still important, even if CBDCs take over
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs.
From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.
Justice Department files antitrust lawsuit against Visa’s acquisition of Plaid
Monopolizing a market is legal in some instances, but not others.
PayPal Raises Crypto Buying Limit to $15K/Week for ‘Eager’ Customers
PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the company’s third quarter earnings call Monday.
Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive
Crypto IP “puts us in a good position” for central bank digital currencies, said Mastercard President Miebach.
Cambodia launches inter-banking platform that runs on blockchain
But don’t call it a CBDC, says central bank reps.
Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs
Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday.
The post Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs appeared first on CryptoSlate.
PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg
The news comes a day after the payments giant confirmed it’s entering the cryptocurrency market.
