Category: Payments

PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows

PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows

The new hires will help PayPal expand its crypto-focused business offering at a time of rapid adoption of Bitcoin and Ether. 9977 Total views 24 Total shares Global payments provider PayPal is in the process of recruiting for several cryptocurrency-related positions at its Ireland offices, further highlighting the company’s ambitions in the rapidly growing digital […]

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China’s central bank worried about stablecoins’ risk to financial systems

China’s central bank worried about stablecoins’ risk to financial systems

While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. 544 Total views 4 Total shares The Chinese central bank is “quite worried” about the global financial risks associated with digital currencies, particularly stablecoins, according to a senior official. Fan […]

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Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments

Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments

A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, or BML, which is a separate legal entity from the main global exchange that operates through Binance.com. 8339 Total views 12 Total shares Barclays’ decision to stop facilitating British customers’ payments to Binance has been met […]

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