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Fintech Focus For December 18, 2020
Thursday, December 17, 2020 - 6:54pm | 1735Quote To Start The Day: Our fundamental work shows that bitcoin should be worth around $400,000. Source: Scott Minerd One Big Thing In Fintech: Robinhood Markets will pay $65 million to settle allegations that it failed to properly inform clients it sold their stock orders to high-frequency...
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PayPal Cryptocurrency Partner Paxos Seeks To Become US-Regulated Bank
Thursday, December 10, 2020 - 2:55am | 449Paxos, the cryptocurrency partner of PayPal Holdings Ltd (NASDAQ: PYPL), has filed an application with the Office of The Comptroller of the Currency (OCC) in order to obtain a charter to form a national bank. What Happened: The Paxos National Trust would operate out of New York, according to...
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PayPal's Cryptocurrency Partner Sees 500% Surge In Trading Volume In A Month
Monday, November 16, 2020 - 4:51am | 287PayPal Holdings Inc (NASDAQ: PYPL) cryptocurrency partner Paxos’s itBit exchange trading volume surged a whopping 500% to $26.57 million on Nov. 13 from $4.41 million a month ago, according to CoinGecko data. What Happened: Meanwhile, 24-hour volume for Bitcoin stood at $31.59...
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Fintech Focus For July 23, 2020
Thursday, July 23, 2020 - 1:27pm | 2107Daily Perspective: We become what we think about. - Earl Nightingale Fintech Movers: The top judicial body in China is pushing for the expansion of legal rights around the possession of digital things, including currencies. - Block Analysis: Fintech IPOs 2019-H1 20. Goldman’s Marcus pays...
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Fintech Focus For July 21, 2020
Tuesday, July 21, 2020 - 2:32pm | 1578Daily Perspective: Whatever the mind of man can conceive and believe, it can achieve. - Napoleon Hill Fintech Movers: The OCC’s proposed charters will be positive for the fintech industry, facilitating innovative business models, saving on card processing fees, and, ultimately, enabling...
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PayPal To Partner With Broker For Cryptocurrency Offerings On Its Platform: Report
Monday, July 20, 2020 - 5:23am | 377Paypal Holdings Inc (NASDAQ: PYPL) is reportedly partnering with New York-based cryptocurrency broker Paxos to let users on its platform purchase or sell virtual assets, according to CoinDesk. What Happened Paxos offers an API that makes it easier to sell, purchase, hold, and send...
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Paxos Accelerates Post-Trade Settlements For Global Institutions
Friday, March 3, 2017 - 9:14am | 800It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga will profile each...