Facebook Inc. has a new payment group with a familiar face. David Marcus, co-creator of the company’s Libra cryptocurrency project, will lead Facebook Financial, an initiative to run all payment projects, including Facebook Pay, a feature it plans to build in all has apps. Former Upwork Inc. UPWK, -2.94% Chief …
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Shares of PayPal Holdings Inc rose 1.5% in out-of-hours trading on Wednesday after the digital payments company showed strong growth in its business stemming from increased use of digital payments during the COVID-19 crisis. Read: PayPal Exceeds Earnings Expectations as COVID-19 Drives Ecommerce Growth Strong “The world has moved into …
Read More »Image: Jacobs / Stringer (fake pictures) According to a public letter from the U.S. Comptroller of the Currency, the federal group responsible for the security of the banking system, banks are now allowed to hold cryptocurrencies. This does not mean that you will stack Sats into an FDIC insured account …
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