PayPal to Offer Encrypted Money Transfers to Venmo Customers
Nearly a year after PayPal enabled its users to make encrypted money transfers, the company is rolling out similar functionality to its more than 60 million U.S.-based Venmo customers. Starting next month, Venmo customers will be able to transfer money to their PayPal account, as well as to external wallets and exchanges, the company said in a statement. Last June, PayPal began allowing users to send bitcoin, ethereum, bitcoin cash and litecoin to external wallets. PayPal acquired Venmo in 20...
PayPal to Offer Encrypted Money Transfers to Venmo Customers
Nearly a year after PayPal enabled its users to make encrypted money transfers, the company is rolling out similar functionality to its more than 60 million U.S.-based Venmo customers. Starting next month, Venmo customers will be able to transfer money to their PayPal account, as well as to external wallets and exchanges, the company said in a statement. Last June, PayPal began allowing users to send bitcoin, ethereum, bitcoin cash and litecoin to external wallets. PayPal acquired Venmo in 20...
The Taiwan Financial Supervisory Commission will release the "banking industry to buy and sell cryptocurrencies" regulations in September, which is a misinformation
Huang Tianmu, chairman of the Taiwan Financial Regulatory Commission, was questioned at the Finance Committee of the Legislative Yuan. Huang Tianmu said that he would have many concerns about the internal value of virtual assets. The agency will release the "Banking Industry Buying and Selling Cryptocurrency" regulations in September. In order to prevent the recurrence of the FTX bankruptcy incident, the specification may include the requirement to separate hot and cold wallets. In addition, ...
The Taiwan Financial Supervisory Commission will release the "banking industry to buy and sell cryptocurrencies" regulations in September, which is a misinformation
Huang Tianmu, chairman of the Taiwan Financial Regulatory Commission, was questioned at the Finance Committee of the Legislative Yuan. Huang Tianmu said that he would have many concerns about the internal value of virtual assets. The agency will release the "Banking Industry Buying and Selling Cryptocurrency" regulations in September. In order to prevent the recurrence of the FTX bankruptcy incident, the specification may include the requirement to separate hot and cold wallets. In addition, ...
FBI Raids Home of Former FTX Executive Ryan Salame
According to the New York Times, citing people familiar with the matter, the FBI searched the residence of former FTX executive Ryan Salame on Thursday morning Eastern Time. The raid took place around 7:00 am Eastern Time on Thursday (19:00 Beijing time on Thursday) in Potomac, Maryland. The New York Times said the exact nature of the search was unclear. Salame served as Co-CEO of FTX Digital Markets until December 2022. Before that, he worked at Alameda Research, an affiliate of FTX. The rai...
FBI Raids Home of Former FTX Executive Ryan Salame
According to the New York Times, citing people familiar with the matter, the FBI searched the residence of former FTX executive Ryan Salame on Thursday morning Eastern Time. The raid took place around 7:00 am Eastern Time on Thursday (19:00 Beijing time on Thursday) in Potomac, Maryland. The New York Times said the exact nature of the search was unclear. Salame served as Co-CEO of FTX Digital Markets until December 2022. Before that, he worked at Alameda Research, an affiliate of FTX. The rai...
Bill in Congress calls on federal government to study cases of cryptocurrencies being used for illicit activities and make recommendations on how to reduce those uses
A bipartisan bill introduced to the U.S. Senate and House of Representatives on Thursday would call on the federal government to study cases of cryptocurrencies being used for illicit activities and make recommendations on how to reduce those uses. The Financial Technology Protection Act proposes the creation of a task force to study how cryptocurrencies and other new financial technologies are used by terrorists or other criminals and to make recommendations for Congress and regulators aimed...
Bill in Congress calls on federal government to study cases of cryptocurrencies being used for illicit activities and make recommendations on how to reduce those uses
A bipartisan bill introduced to the U.S. Senate and House of Representatives on Thursday would call on the federal government to study cases of cryptocurrencies being used for illicit activities and make recommendations on how to reduce those uses. The Financial Technology Protection Act proposes the creation of a task force to study how cryptocurrencies and other new financial technologies are used by terrorists or other criminals and to make recommendations for Congress and regulators aimed...
Changpeng Zhao Denies Its Data in Bloomberg's "25 Financial Giants" List
Bloomberg listed Binance CEO Zhao Changpeng on the list of "25 financial giants who became rich from computer-driven trading companies", and mentioned his age (46), net worth (28.2 billion US dollars), Binance's annual income (12 billion U.S. dollars) and Binance users (120 million), Changpeng Zhao tweeted: "4 numbers are all wrong, I don't have that many, don't know why they do that. Besides, we never see FTX as Competitors, more (well-functioning/meaningful) communication in ...
Changpeng Zhao Denies Its Data in Bloomberg's "25 Financial Giants" List
Bloomberg listed Binance CEO Zhao Changpeng on the list of "25 financial giants who became rich from computer-driven trading companies", and mentioned his age (46), net worth (28.2 billion US dollars), Binance's annual income (12 billion U.S. dollars) and Binance users (120 million), Changpeng Zhao tweeted: "4 numbers are all wrong, I don't have that many, don't know why they do that. Besides, we never see FTX as Competitors, more (well-functioning/meaningful) communication in ...