Tag Archives: paypal

There has been a lot of negativity surrounding the launch of Facebook Libra over the last few months. Global regulators and banking institutions have showered severe criticism over the project. However, despite several kickbacks, the Libra Association is proceeding ahead with its plans of mainnet launch.Recently, the Libra Association has published a new roadmap that highlights 4 major milestones to be attained before the launch of the Libra network. The Calibra team says that the first...

Since its launch on June 18, 2019, Facebook’s Libra project has encountered mixed reactions. Now, four payment companies that had joined the social media giant as founding members of the Libra Association are hesitant. They have developed cold foot over whether to formally sign on to the crypto project. The issue was explained by people familiar with the matter.According to a new Bloomberg report, MasterCard, Visa, Stripe, and PayPal are allegedly stalling at officially joining the...

The People’s Bank of China (PoBC) announced they are nit against PayPal’s desire to acquire a 70% equity state in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.). With this step, Paypal is becoming the first international entity that will be offering its online payment solutions in China.GoPay mostly works as a provider of a number of payment products for various industries including cross-border commerce, aviation, tourism, etc.According to the information revealed by the company,...

Digitec: Einer der grössten Schweizer Online Shops akzeptiert Bitcoin. Vom Bankgeschäft bis zum Politischen Wahlgang, Blockchain-Technologie wird immer populärer. Besonders beliebt sind Blockchain basierende Kryptowährungen wie Bitcoin für Transaktionen und Geldtransfers – insbesondere für grenzüberschreitende Transaktionen. Im Gegensatz zu langsamen und teuren internationalen Banküberweisungen ist ein Bitcoin Transfer extrem einfach. Wie...

Facebook Libra: Facebook plant die Einführung einer Weltwährung. Der Start erfolgt im Januar 2020. Was ist das Problem von Bitcoin? Er schwankt im Wert. Deshalb hat Facebook jetzt seinen Währungskorb vorgestellt, um seine Digitalwährung Libra abzusichern: Der ganze Korb soll aus Bargeld und Staatsanleihen bestehen, die jeweils in Prozent auf einzelne Währungen verteilt sind 50 % in US-Dollar aus den USA, 18 % aus dem Euro-Raum, 14 % aus...

Social media giant Facebook has for the first time indicated the full list of the basket of currencies which will support the proposed stablecoin Libra. While is known publicly that the US Dollar accounts for about 50% of the basket of currencies that will back the cryptocurrency, not much was known about the rest.According to the Der Spiegel report , in response to a request from Fabio De Masi who is the finance spokesperson of the Left Party of the German Parliament (the Bundestag), a...

Meldungen über von Gewinne sprechenden Startups sind selten. Noch seltener ist die Veröffentlichung dieser Gewinne. Und gerade der Bereich Bitcoin und Fintech ist umkämpft. Es werden Millionen in Startups gepummpt, der Markt ist hart. Zudem können die Fintechs mit den Anforderungen der Politiker, Regulierenden und den Herausforderungen im Kundensupport und IT Security kaum mithalten. In der Regel schreiben Fintechs daher Verluste. Anders ist dies beim mittlerweile britischen...

PayPal's days of high-commission and conversion fees won't go on for long. | Source: BigTunaOnline/Shutterstock Facebook set the cat among the pigeons earlier this year when it revealed its cryptocurrency project – Libra. CEO Mark Zuckerberg scared the living daylights out of governments and private corporations alike with his ambitious project that aims to make...

Facebook’s Libra, even with all the regulatory hurdles it currently faces, is still going strong and forging ahead with its plans to launch the digital currency next year. A while back, Libra Exec David Marcus, after enduring several hours of questioning from the United States Congress, promised that the Libra will not be launched until all regulatory concerns have been met and satisfied. The head of the Libra Association, the outfit in charge of the Libra project, has iterated this, given a...

Photo: GeeksHostedRomania-based web hosting provider GeeksHosted has recently announced a new payment option within its web hosting ecosystem. Now, they are proud to accept Bitcoin hosting, which opens a perfect opportunity to broaden the access to the GeeksHosted range of services, as well as to connect Web 3.0 to the blockchain.According to Catalin Florica, the representative of GeeksHosted, the company’s recent acceptance of Bitcoin hosting will place GeeksHosted among few web hosting...