PayPal and Venmo to Roll Out Crypto Trading

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter. Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto. “My understanding is that they are going to allow buys and sells of crypto directly from PayPal and Venmo,” a well-placed industry source told CoinDesk. “They are going to have some sort of a built-in wallet functionality so you can store it there.”

Interest in Cryptocurrency and Blockchain Education Increases

Many institutions of higher education globally are considering offering classes related to Bitcoin, cryptocurrency, blockchain education and other emerging innovative technologies because of their much-acclaimed benefits. This is a clear indication that students have started picking interest in discovering the potential of new disruptive innovations such as bitcoin, smart contracts, cryptoassets and other innovations emerging…

Institutions Will Enter Crypto Market – Bakkt CEO

As reported by Ethereum World News last week, those familiar with the matter divulged that Adam White, Coinbase Institutional’s head, had unexpectedly left the San Francisco-based startup to join Bakkt, an up and coming crypto platform that has been endorsed by the Intercontinental Exchange (NYSE’s parent company), Microsoft, Starbucks, and a number of leading venture…