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PayPal CEO Sees ‘The Entire World’ Going ‘Digital First’ + More News – Cryptonews

PayPal CEO Sees 'The Entire World' Going 'Digital First' + More News 101
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Crypto adoption news

  • PayPal CEO Dan Schulman said the use of digital currencies is set to go mainstream as more merchants take a “digital first” approach to payments, Bloomberg reported. “The entire world is going to come into digital first,” the CEO said, adding that he sees his biggest competitor as Ant Financial, China’s largest mobile-payment company. (Learn more: PayPal CEO: Financial System ‘Not Working,’ Users ‘Very Eager’ For Crypto)
  • Nearly a fifth of the surveyed PayPal users have already traded bitcoin (BTC) using the PayPal app, said a report published by Mizuho Securities, the investment branch of Mizuho Financial Group, as a number of media sites reported. Of the 380 users surveyed, 17% said they’d already used PayPal to trade bitcoin, while 65% said they would use the cryptocurrency to pay for goods and services.
  • GoodDollar, a social impact project delivering a digital universal basic income (UBI), announced that it has “received great demand since it was launched on September 8,” stating that in a bit more than eight weeks, over 40,000 people from 180 countries have signed up and started to claim and use the G$ digital currency. Source…

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