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PayPal sets up an advisory council to support its crypto and blockchain products

Where the global economic cluster is fast integrating cryptocurrencies in its core structure, payment giant PayPal has played a strategic card to explore the decentralized asset industry. Hailing from the United States, PayPal has announced plans to establish an advisory council of experts to diversify its efforts across the crypto and blockchain sector. Undoubtedly, PayPal…

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Google Pay recruits PayPal to carry crypto payments venture

With the exponential surge in the demand for cryptocurrencies, globally-acclaimed multinational firms have started venturing into the space with product expansion focused on crypto projects. The latest to join the league is one of the world’s biggest software companies, Google is all set to explore crypto with its online payment channel, Google Pay. With a…

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PayPal Confirms To Explore Stablecoin

Working as one of the largest American Fintech firms, PayPal Holdings is all set to launch a powerful stablecoin project for the global community of investors. The highly-anticipated decentralized product will be introduced to the users as ‘PayPal Coin.’ Interestingly, the global payment facilitator’s exploration into creating a stablecoin was first disclosed by developer Steve…

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DAY LONG NEWS ROUNDUP: LATEST NEWS 26/11/21

Living in the era of technology is a task in itself as it requires us to be constantly aware of the latest happenings around the world. So, here we are trying to upgrade your crypto knowledge with the most important news items. Have a look: Panther (DeFi privacy project) took 1.5-hour to raises $22M in…

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PayPal Gradually Brings Their Crypto Rollout To An End

For quite some time now, the global giant of payment processor PayPal has been expressing its interest in entering the cryptocurrency trading ecosystem. However, after maintaining its silence on this issue, the company has finally opened up about it. PayPal has announced that they are willing to open up their services related to cryptocurrencies, even…

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PayPal Launches Cryptocurrency Services In The United Kingdom

The global payments processing giant, PayPal, have been willing to launch their cryptocurrency services in the United Kingdom and have been making statements regarding their plan. Finally, they have announced officially that they are launching their cryptocurrency services in the United Kingdom from the following week. The crypto service from PayPal which was launched in…

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As Global Adoption of Cryptocurrency Rises, PayPal Decides to Hire Hundreds For Crypto Positions

As the demand for cryptocurrencies continues to rise along with the soaring adoption rates in financial institutions and organizations across the world, PayPal, which is one of the leading payments giants globally, has decided to hire for more than a hundred positions related to cryptocurrencies. Dan Schulman, who is the CEO and President of PayPal…

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Payments Giant PayPal Plotting Bitcoin and Crypto Expansion in August

Global payments giant PayPal is willing to expand their offerings in the cryptocurrency space. This year, during the month of April, PayPal initiated offering cryptocurrency services on Venmo, which is their mobile payment service platform. The services enabled more than 70 million users to purchase and sell 4 different kinds of cryptocurrencies, namely Bitcoin (BTC),…

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Facebook Announces Libra Cryptocurrency : Everything You Need To Know

Facebook, the popular American social media platform, unveils its ambitious plans to launch Libra, a digital cryptocurrency, which will allow its billions of users to indulge in financial transactions across the globe. This move will undoubtedly shake up the global banking system. Libra can be a financial game-changer with almost 2.4 billion people using Facebook…

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Blockchain Adoption Advocated By ICC For Its 45 Million Members

ICC, the world’s largest, partners with trade organization leading distributed ledger firm, Perlin to bring innovative technologies to the fore. It plans to make blockchain technology available to the 45 million businesses under its wing and this includes McDonald’s, PayPal, FedEx, Amazon, and Coca Cola.   Perlin is a decentralized cloud computing marketplace. It uses the…