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Opinion

PayPal Rolls Out Crypto for All US Customers

Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is this?

By Nathaniel Whittemore
AccessTimeIconNov 13, 2020 at 8:00 p.m. UTC
Updated Sep 14, 2021 at 10:30 a.m. UTC
AccessTimeIconNov 13, 2020 at 8:00 p.m. UTCUpdated Sep 14, 2021 at 10:30 a.m. UTC
Paypal CEO Dan Schulman on stage

AccessTimeIconNov 13, 2020 at 8:00 p.m. UTCUpdated Sep 14, 2021 at 10:30 a.m. UTC

Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is PayPal? 

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This episode is sponsored by Crypto.com and Nexo.io.

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.

See also: PayPal Adds Bitcoin: Most Bullish News of the 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.

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