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The feature will become available in May, PayPal's Jose Fernandez da Ponte said on a panel at Consensus.
Gessert joins company from PayPal; will play pivotal role in next chapter of growth for the world’s largest work marketplaceSAN FRANCISCO, March 28, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (NASDAQ: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that Erica Gessert will join the company as chief financial officer (CFO), effective April 25, 2023. Gessert joins from PayPal
The startup offers an automatic economic security system and simulation engine for decentralized finance projects.
Omid Malekan writes that because stablecoin issuers liabilites live on-chain, the asset-backed tokens are arguably more secure than payment providers we use today, including PayPal.
ALSO: The SEC's move on Kraken's staking program last week shouldn't be seen as an indictment of staking as a whole. Bitcoin dropped below $21.7K at one point over the weekend.
Yesterday it was reported that PayPal crypto partner Paxos was being by the NYDFS
The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash.
Users can buy and transfer ether from PayPal to MetaMask.
PayPal has expanded its service for buying and selling crypto to Luxembourg in what may open the door for it to be offered in other European Union countries.
The equivalent of “chargebacks” on Ethereum would be controversial but would ultimately help the blockchain to become more useful.
Payment takes place through the PayPal Cryptocurrencies Hub and incurs additional fees.
Ranges are unlikely to be broken ahead of the upcoming ECB/Fed policy announcements and US CPI data on Friday.
PayPal has actually listened to its customers and reversed a policy that keeps their crypto assets on the payments platform.