PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees.
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Category Archive: 6c.) Fintechnews
Austrian Crypto Broker Bitpanda Secures Unicorn Status With $170 Million Funding
Bitpanda, an Austrian digital investment platform dealing with cryptocurrency, announced that it has closed it Series B funding round with an investment of $170 million and attained unicorn status with a valuation of $1.2 billion.
The funding round was led by Valar Ventures with participation from partners of DST Global. Bitpanda had also previously secured $52 million during its Series A from Valar Ventures.
The Series B was signed last week and...
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Digital Asset Adoption Gains Momentum With US$26 Billion in Bitcoin Transactions
Bitcoin’s recent price surge has accelerated institutional adoption of cryptocurrencies leading to institutional investor pouring an estimated US$26 billion into bitcoin over the past eight months, an analysis by SNGLR Group shows.
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Switzerland and Estonia Among Europe’s Most Advanced Blockchain Ecosystems
In Europe, Switzerland, Estonia, Malta and Cyprus have the most advanced and mature blockchain ecosystems with well-developed startup scenes and high levels of regulatory maturity, a paper by the EU Blockchain Observatory and Forum says.
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Switzerland’s Blockchain Fintech Industry in 2021
Switzerland is home to 130 startups that are applying blockchain and distributed ledger technology (DLT) to finance use cases, new data from Swisscom show. Most of these companies (48%) operate in the banking infrastructure vertical, followed by investment management (24%), and payments (21%).
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