PayPal Adds Bitcoin: Most Bullish News of the Year?

PayPal will offer its U.S. customers buying and selling of crypto, with support for payments to its merchant network next year.

Oct 21, 2020 at 3:21 p.m. UTCUpdated Sep 14, 2021 at 10:21 a.m. UTC
Oct 21, 2020 at 3:21 p.m. UTCUpdated Sep 14, 2021 at 10:21 a.m. UTC

PayPal will offer its U.S. customers the option of buying and selling crypto, with support for payments to its 26 million-strong merchant network coming next year.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.comNexo.io and Elliptic.

In this late-breaking Breakdown episode, NLW explores:

  • The specifics of the news
  • Why the scale, precedent and normalization are hugely bullish
  • What some skeptics are saying
  • Why it’s significant PayPal is focused on the coming central bank digital currency era

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
What Is 'the Merge' and Why Has It Taken So Long?

Ethereum’s shift to proof-of-stake is one of the most anticipated events in cryptocurrency.

Ethereum’s shift to proof-of-stake is one of the most anticipated events in cryptocurrency.

CoinDesk - Unknown
2
CoinDesk - Unknown
How to Prevent the Metaverse From Becoming a Nightmare

Covering everything from zero-knowledge proofs to interplanetary file storage.

Covering everything from zero-knowledge proofs to interplanetary file storage.

CoinDesk - Unknown
3
CoinDesk - Unknown
‘Bitcoin Will Find Its Footing,’ According to Grayscale CEO

“I think in the near term, we [crypto] will find our footing,” Grayscale Investments CEO Michael Sonnenshein, said on CoinDesk TV’s “First Mover.”

“I think in the near term, we [crypto] will find our footing,” Grayscale Investments CEO Michael Sonnenshein, said on CoinDesk TV’s “First Mover.”

CoinDesk - Unknown