PayPal customers increase crypto deposits to $943M

2023-05-09 PayPal disclosed it holds $943 million in customers’ crypto assets, up 56% from the previous quarter. The company enables users in some regions to buy, hold, sell, and pay for purchases using cryptocurrency. However, PayPal doesn’t have any cryptocurrencies on its balance sheet other than those belonging to its customers. PayPal customers up their […]

Spanish Banks Interested in Offering Crypto Assets to Their Customers – Bitcoin News

2021-10-22 01:40:23 Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply, because banks already comply with anti-money laundering […]