Paypal: Crypto service expansion and CBDC plans

Paypal: Crypto service expansion and CBDC plans

Paypal apparently sees the UK as the next market for its crypto service. CEO Dan Schulman’s CBDC plans also raise eyebrows.

After US customers of the payment service provider Paypal had already been able to purchase cryptocurrencies via the platform since autumn last year, it was really only a matter of time before the The News Spy offering would also be available in other parts of the world. Paypal itself had initially spoken of the „first half of 2021“.

Now this date is getting closer and closer. Apparently, residents of the UK will be the first outside the US to be able to use PayPal to buy and sell cryptocurrencies.

According to a recent tweet by journalist Carl Quintanilla, Paypal is planning to expand its crypto service in the UK first. This is expected to happen as early as in the coming months. It also plans to make crypto available to Venmo Wallet holders before the end of Q2 2021. Other offerings include international expansion of its in-house payments app Venmo before 2026 and a wider rollout of the app’s credit cards.

Paypal wants to play significant role in CBDC distribution

CEO Dan Schulman had already announced the expansion of Venmo services during the presentation of the fourth quarter 2020 figures. However, he initially left open which market will follow the US in terms of crypto offerings. However, at a Paypal investor day on 11 February 2021, Schulman then mentioned that he sees his company playing a significant role in the use of central bank digital currencies (CBDCs).

Some analysts are already murmuring that there is more behind Schulman’s comments than „just“ aspirations at CBDC Distribution. „Step 1“ on the product roadmap unveiled at the numbers presentation is indeed the activation of crypto as a financing tool. Moreover, Schulman also hinted that PayPal is considering digitising other assets through the use of smart contracts and tokenisation. Calling the conventional financial system „outdated“, this approach is only logical.

As for PayPal’s own investment in cryptocurrencies, CFO John Rainey says it’s a wait-and-see approach for now. He said this in an interview with the Canadian broadcaster CNBC. Rainey considers it very unlikely that the company will take such a step.

COVID-19, Trump, KuCoin, BitMEX: Preço Bitcoin diz para manter a calma e seguir em frente

A estabilidade do Bitcoin ao longo de uma semana agitada mostra que os comerciantes estão confiantes de que a tendência de alta será retomada em breve.

O preço do bitcoin (BTC) aparece à beira de fechar mais uma semana abaixo da resistência de 11.000 dólares, mas dados os principais eventos da semana, as coisas poderiam ter sido muito piores.

Instantâneo do desempenho diário do mercado de moedas criptográficas

A divisa criptográfica de primeira linha por limite de mercado manteve sua posição, pois o KuCoin revelou que mais de 150 milhões de dólares de ativos haviam sido roubados da bolsa, e o preço só tropeçou levemente quando o CTFC anunciou que uma ação legal estava sendo tomada contra a bolsa BitMEX.

O preço novamente evitou o colapso quando o DOW e o S&P 500 futuros tomaram uma forte queda com o anúncio de que o presidente dos EUA Donald Trump havia contraído o coronavírus.

No passado, apenas um dos eventos acima teria facilmente afundado o preço do Bitcoin em pelo menos 10% e, como a história mostra, os altcoins teriam sido esmagados ainda mais.

De acordo com o colaborador da Cointelegraph Marcel Pechman, a resistência da Bitcoin Pro a grandes eventos noticiosos negativos mostra que os investidores profissionais e varejistas permanecem em alta no ativo digital e Pechman sugeriu que a tendência de alta para $12.000 poderia ser retomada mais cedo do que os investidores prevêem.

Gráfico diário BTC/USDT

 

Como tem sido o caso na última semana, a Bitcoin continua a se comprimir dentro de um triângulo simétrico e o preço está acima de $10.500.

O perfil de volume da faixa visível (VPVR) no gráfico diário mostra uma grande lacuna de $1.450 que é o comprimento da vela de 3 de setembro, onde a Bitcoin caiu de $11.400 para $9.950 e desde esta correção de 13% o preço tem sido fixado nesta faixa.

Atualmente, o índice de força relativa está ligeiramente acima de 45 e a divergência de convergência média móvel mostra o MACD à beira de rolar sobre a linha de sinal à medida que o volume de vendas aumenta.

Isto não é extremamente preocupante e, do ponto de vista dos observadores de aves, podemos ver que o preço ainda está fazendo mínimos e máximos mais altos à medida que o preço se comprime. Embora o sentimento dos comerciantes possa estar em alta, o ingrediente-chave que falta no momento é o volume.

Mantenha a calma e continue
Em relação à faixa atual da Bitcoin, olhando para o período de 25 de maio a 20 de julho, o preço foi comprimido dentro de um triângulo simétrico semelhante antes de sair com um forte rali de 36%, que levou o preço para a alta de 2020 a $12.480.

Os comerciantes estão provavelmente observando a estrutura atual para ver se um cenário semelhante está em construção. Como mencionado em uma análise anterior, manter acima de $10.380 manterá o preço no triângulo simétrico, mas abaixo deste nível tem sido demonstrado o interesse dos compradores na faixa de $10.200 a $9.800.

No caso de uma quebra em alta, o preço da Bitcoin ainda precisa eliminar múltiplos níveis de resistência a $11.000 até $11.400, daí a necessidade de um pico de alto volume para obliterar toda a resistência aérea.

Em geral, nenhuma notícia é boa notícia e o preço é acionado, a Bitcoin não fez nada de digno de notícia durante a última semana.

Na verdade, a notícia surpreendente sobre a Bitcoin é a sua falta de inconvenientes durante uma semana cheia de eventos que teriam afetado o preço em anos passados.

Diese US-Universität nimmt Spenden in den Bereichen Bitcoin, Chainlink, Ethereum und andere entgegen.

Alumni einer US-amerikanischen Universität Wake Forest hat ein System eingerichtet, mit dem die Universität Spenden über eine Reihe von Kryptowährungen annehmen kann, wie von der Kryptofirma Giving Block angekündigt.

Krypto-Spenden kommen an der Universität an
Die Initiative wird von Alex Wilson und Pat Duffy, den Mitbegründern von The Giving Block, Profit Secret geleitet. Während ihrer Zeit in Wake Forest wurden Alex und Pat zum ersten Mal mit Bitcoin in Kontakt gebracht, obwohl dies immer noch die Anfänge der Kryptogeldindustrie sind.

The Giving Block arbeitet heute mit über 70 gemeinnützigen Organisationen zusammen (und hat bisher Millionen in Kryptowährung gesammelt); Wake Forest ist jedoch der erste Kunde der Universität.

Ab heute, dem 8. September 2020, wird die Wake Forest University die folgenden Kryptowährungen akzeptieren: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC), Gemini Dollar (GUSD), Basic Attention Token (BAT) und Chainlink (LINK).

Damit ist Wake Forest die erste Universität in North Carolina, die Kryptogeld-Spenden annimmt, sowie die erste Universität, die Kryptogeld-Spenden an ihrem jährlichen Spendetag annimmt.

Da die IRS Kryptowährung als Eigentum klassifiziert, bedeutet dies keine Kapitalertragssteuer für den Spender und einen Abzug des fairen Marktwerts, was es zu einer der steuerlich effizientesten Arten zu spenden macht, sagte das Unternehmen.

Der 8. September ist der Tag des Gebens, eine 24-stündige Spendenaktion zur Unterstützung von Wake Forest. Wenn 2.2020 Spender spenden, wird Michael A. DeMayo, Klasse von 1987, eine zusätzliche Spende von 150.000 Dollar freischalten.

Firmen nehmen vermehrt Bitcoin-Spenden an

Stiftungen und Institutionen auf der ganzen Welt haben begonnen, Krypto- und Bitcoin-Spenden anzunehmen, um die Inklusivität zu erhöhen und es den Menschen zu ermöglichen, für die Sache ihrer Wahl zu spenden, ohne Grenzen zu überschreiten.

Wie BTCManager bereits früher berichtete, hat die Humans Right Foundation (HRF) damit begonnen, Spenden in den Krypto-Währungen über ihren BTCPayServer anzunehmen, was schnellere Spenden und Transfers ermöglicht.

Eine Nachricht von der HRF auf ihrer Bitcoin-Spendenseite lautet:

„Für Einzelpersonen in geschlossenen Gesellschaften oder für jeden, der mit Hyperinflation, Kapitalkontrollen, Sanktionen oder finanzieller Überwachung konfrontiert ist, kann Bitcoin ein Instrument der Freiheit sein“.

Anstatt Bitcoin nur als eine weitere Spendenquelle zu betrachten, schien der HRF den Wertbeitrag des Netzwerks und seine Fähigkeit zu verstehen, Autorität und souveräne Sanktionen zu umgehen, wie wir damals berichteten.

Colombian universities use Blockchain technology to award digital badges

Much has been said about the push for virtual education because of the isolation measures to deal with the pandemic. Virtual education is playing an increasingly important role in society, which in recent months has been driven by isolation measures to prevent the spread of COVID-19.

However, in the education sector this is not the only challenge. However, in the education sector this is not the only challenge. Accreditation of qualifications for students who have completed their careers has presented a total challenge. That is why technologies such as Blockchain are coming to help simplify this type of process. In this sense, some Colombian Universities have been joining this adoption and more at this time in which due to the contagion and spread of Bitcoin Loophole must meet the standards of social isolation and prevention to curb the virus.

The blockchain is a technology that goes beyond the cryptosystems. Its irruption in the fields of education has opened a new era that will impact the way in which university degrees are delivered, and surely in the way in which education is given.

Colombia: First Ethereum Bogota Meetup to be held

It is defined as a technology that allows the storage of data in a decentralized network, which allows its validation and transmission in a secure and immediate way, the blockchain became popular with the crypto currencies. However, in recent years it has been gaining ground in the field of digital degrees, as is the case in universities such as MIT.

This study center is joined by some universities in Colombia which are migrating to digital badges precisely because of the COVID-19. This generated that the ceremonies of acts of degrees can not be carried out by preventive and security policies, promoted by the Government of that country.

From diploma to digital badges at graduations

But education has not been the only thing that has been virtualized during the pandemic. In the face of virtual graduations, universities such as El Rosario and Externado provide digital badges to their students, using blockchain technology for security.

Latin America: Which are the cities that use crypto-currency the most?
In addition to El Rosario and Externado Universities, the list includes: El Bosque, Universidad Pontificia Bolivariana, Universidad Autónoma de Bucaramanga, and Universidad de la Costa. These are some of the universities that have adopted this technology. For their part, corporations such as Grupo Bancolombia, Bayer and Colsubsidio are also providing digital badges.

The rector of the Universidad de la Costa, CUC, Tito Crissien told a website that „digital badges with blockchain security is something new in universities and especially in Latin America. In Colombia we are few that are using them, in the country we are 300 institutions of education and I do not believe that we are more than 10 those that already use the badges actively“.

Digital badges are visual and digital representations of an acquired achievement, competence or learning. This will allow those who acquire them to socialize them in networks such as LinkedIn, Facebook and Whatsapp and to create a professional profile.

Break down barriers between institutions

The interesting thing about all this, besides the adoption of this technology in the area of education, is that with the advance of digital accreditation via blockchain, the era in which university degrees had to be apostilled and validated from country to country or from school to school will be a thing of the past. Now students will be able to learn at different universities and have digital degrees from any university they study at.

Paxos startet Blockchain-Abwicklungsdienst nach der Nichtaktionserleichterung

Am 28. Oktober gab das regulierte Finanzinstitut Paxos Trust Company bekannt, dass es von der SEC (Securities and Exchange Commission) der Vereinigten Staaten keine Handlungserleichterung erhalten hat, um seinen Paxos Settlement Service als blockkettenbasierte Abwicklungsplattform einzuführen. Dies bedeutet, dass keine US-Behörde eine Durchsetzungsmaßnahme gegen das Unternehmen für eine Dienstleistung oder ein Produkt ergreifen wird, die es anbietet.

Die Ankündigung besagt auch, dass Paxos mit der Abwicklung von Transaktionen für eine begrenzte Anzahl von Broker-Dealern für bestimmte börsennotierte US-Aktien beginnen wird.

CEO und Mitbegründer von Paxos, Charles Cascarilla, sagte:

„Das US-Aktiengeschäft steht nach wie vor unter einem beispiellosen Konsolidierungs- und Wirtschaftsdruck, der eine umfassende Transformation der Marktstruktur erfordert. Dies hier ist ein wichtiger erster Schritt auf unserem Weg, die gesamte Post-Trade-Infrastruktur neu zu gestalten, und ein Schritt, der den Marktteilnehmern sofortige Vorteile bringt.“

Blockchain

Der Abwicklungsservice ist eine zugelassene Blockchain, die für zwei Unternehmen entwickelt wurde, um Wertpapiergeschäfte direkt miteinander abzuwickeln

Es ermöglicht auch den gleichzeitigen Austausch von Bargeld und Wertpapieren zur Abwicklung von Geschäften und ist gleichzeitig rückwärtskompatibel zu aktuellen Prozessen, um die Integration zu erleichtern.

Zu den ersten Early Adopters, die den Service nutzen, gehören Credit Suisse und Société Générale, die laut Paxos zum ersten Mal seit fast 50 Jahren wieder US-Aktien außerhalb der bestehenden Infrastruktur abwickeln. Paxos behauptete auch, dass diese Lösung dazu beitragen wird, die Gebühren zu senken und den Kunden Zugang zu Kapital zu verschaffen, das ansonsten im alten Abwicklungssystem gefangen wäre.

Paxos hat auch gesagt, dass es damit beginnen würde, US-Aktientransaktionen abzuwickeln, sobald zwei seiner Early Adopter die Genehmigung bei der SEC beantragen. Cascarilla hinzugefügt,

„Wir freuen uns auf die Zusammenarbeit mit unseren Early Adopter-Partnern, um das Ökosystem weiterzuentwickeln. Gemeinsam werden wir mit der Blockchain-Technologie, die ein offenes Finanzsystem ermöglicht, finanzielle Vorteile schaffen und operative Effizienzsteigerungen erzielen. Wir beginnen mit US-notierten Aktien, aber diese Technologie kann auf viele Anlageklassen in verschiedenen Regionen und für alle Arten von Kunden skaliert werden.“