PayPal has announced a new feature allowing U.S. business accounts to buy, hold, sell, and transfer supported cryptocurrency such as Bitcoin, expanding its crypto offerings for merchants.
The CIO of Bitcoin asset manager Bitwise claims the "most powerful people in finance" are buying Bitcoin and crypto. He says nearly 70% of top financial advisors at a recent summit owned Bitcoin and crypto personally.
Donald Trump floated using crypto to pay off the US' $35 trillion debt, part of his embrace of Bitcoin amid the 2024 race. Kamala Harris also pledged to boost "digital assets" signaling crypto's growing bipartisan appeal.
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