As the crypto exchange reportedly mulls a takeover bid for the trading app, we look at the pros and cons of the rumored acquisition.

PayPal users can send cryptos to other users free of charge—and to external wallets and exchanges, but they’ll need to pay network fees.

After posting strong year-end results, the crypto exchange warned that 2022 is off to a lackluster start amid drops in crypto market cap.

Crypto exchange FTX has raised $400M with several returning investors. This will help sustain its growth despite lower trading volumes in 2022.

Incumbent wealth managers will quickly recognize the crypto investing opportunity—and crypto exchanges can also tailor their offerings to capture the lucrative high-net-worth-individual segment

The crypto exchange raised $400M to facilitate access to the next iteration of the internet but it's starting further back in the race.

It defines crypto as a commodity or security and gives authority to the CFTC and SEC. But some terminology and definitions are still unclear.

Crypto wallets will further endear digital brokerages to blockchain enthusiasts as the feature opens the door to a broader range of activities, such as purchasing nonfungible tokens (NFTs). Robinhood rolled out crypto wallets to 1,000 users in January, which allow them to instantly transfer their crypto in and out of their Robinhood Crypto accounts.

Chainalysis recommended steps for fighting sanctions evasion and long-term measures to revamp how the government addresses crypto-related crime.

Companies in several markets are offering crypto products that act like bank accounts, and regulators have taken notice.

Noncard crypto payments are increasingly available to consumers and may also be attractive to merchants.

Governments are now persecuting crypto exchanges that facilitate financial transactions for ransomware attackers; for example, the US Department of the Treasury Office of Foreign Assets Control’s (OFAC’s) issued sanctions against the Suex cryptocurrency exchange in September 2021.

Western Union’s rival MoneyGram has pursued cryptocurrency partnerships to innovate its services and maintain customer appeal: The firm recently collaborated with the Stellar blockchain to support stablecoin-to-fiat remittances, and earlier this year, it invested in Coinme, the crypto exchange and ATM operator it already partnered with.

They’re looking for work-life flexibility and better pay. But economic skittishness, dried up funding, and crypto instability point to a rocky future.

Payment provider innovation across remittances, B2B payments, and retail card and noncard payments is setting a long-term growth runway. In the short term, providers must navigate a host of obstacles to enable more crypto users to become crypto payers—and so far they’re succeeding.

Inefficiency and environmental impacts make Bitcoin unfit as a payments network, per Sam Bankman-Fried. We think CBDCs pose better chances.

Crypto: The card network has embraced digital assets, partnering with crypto exchange Gemini and launching crypto payment cards in Asia. Miebach said Mastercard wanted to make it easier for consumers to purchase cryptos and NFTs and that it was enabling consumers to spend their cryptos on card and cash out their crypto wallets via Mastercard Send.

They may find it easier to meet their financial needs with digital currency, but it’s unclear how they are spending the assets and whether this promotes financial equity.

An Ethereum expert was given a prison sentence for helping North Korea use cryptos to evade US sanctions.

Cryptocurrencies: PayPal may add to its existing crypto offerings, which include Checkout with Crypto, Cash Back to Crypto for Venmo credit card users, and a crypto exchange in the UK. In August, Schulman stressed that cryptos will soon shift from acting mainly as an investment tool to having wider payments use.

China’s central bank made crypto transactions and exchanges illegal, potentially in an effort to encourage digital yuan adoption.

The world’s largest crypto exchange is ditching its decentralized structure to appease regulatory concerns as it could no longer ignore consecutive bans across the globe.

See also: Our Behind the Numbers podcast talks about Visa and Mastercard suspending their services in Russia. 3/1 – Crypto exchanges resist blanket ban on Russian accounts: A major problem with crypto’s role in limiting the effectiveness of sanctions is that no one can be sure to what degree exchanges are helping Russia dodge sanctions. 3/1 – EU mulls crypto regulation to hamper Russian sanctions evasion

Bolt acquired crypto startup Wyre Payments to help it stand out in the highly competitive one-click checkout space.