Paypal

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.

A look at Paypal's recent proposal to implement Bitcoin wallets that pay mining fees using a scheme ensuring that only authorized miners powered by renewable energy can collect the user's transaction fee.

The fund bought the BTC during late summer and early fall this past year, when the price was below $30,000.

Bitcoin Magazine sits down with Walter Hessert, Head of Strategy at Paxos, on PayPal’s PYUSD stablecoin, their recent Venmo Integration, and the broader implications on the Bitcoin market.

Initially thought to be a fat-fingered mistake, has now been identified as a bug on a single transfer and it has been fixed.

As of now, PayPal is the sole cryptocurrency provider accepted for online DMV payments.

David Marcus, whose payments-focused career has included stints at PayPal and Meta, is now leading Lightspark to propel Bitcoin adoption.

Users who have purchased bitcoin through the app will now be able to take self-custody of their BTC, as well as send it directly to other Venmo users.

Bitcoin is an entirely new paradigm of money, not a simple secondary payments layer built to increase ease of access like PayPal or Venmo.

The User Agreement lays out terms and conditions for services users are allowed to use with funds from PayPal, allowing the censoring of its customers’ money.