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.”

Tapping Blockchain Tools in Fight Against Coronavirus

A series of ongoing efforts across universities, medical academia, the private sector and even private citizens are harnessing distributed systems in the fight against COVID-19. The projects are attempting to buttress governmental stay-at-home orders that have frozen billions of people in a global effort to flatten the curve. There’s no known cure for COVID-19 and…

Crypto Exchange Binance Is Setting Up Shop in Singapore

Cryptocurrency exchange Binance is launching a new fiat-to-crypto exchange in Singapore later this month. The news was announced Thursday by Binance CEO Changpeng “CZ” Zhao at the Deconomy event in Seoul, South Korea, in a tweet on the exchange’s account that said: “#Binance Singapore will come online in April. It will be our next Fiat…