Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is PayPal?
Today on the Brief:
- Christine Lagarde’s digital euro hunch
- Deutsche Bank CBDC note
- COVID-19 resurgent
Our main discussion on PayPal:
PayPal is rolling out crypto to all its users and increasing transaction limits from $10,000 to $20,000. In this episode, NLW breaks down the community response to the news, including an interesting discussion of whether the company’s BitLicense requires PayPal to hold 1:1 all the BTC its customers pay for.