Paypal Launches Business Unit Dedicated To Cryptocurrency

Paypal Launches Business Unit Dedicated To CryptocurrencyPaypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money into blockchain and digital currencies. Schulman explained: […]
Continue reading

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency ImplicationsOn Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. The Fed Chair says as far as a U.S.-issued CBDC […]

The post Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications appeared first on Bitcoin News.

Continue reading