PayPal Adds Crypto Withdrawals to Third-party Wallets
Payments giant PayPal has recently added a new feature that allows users to transfer cryptocurrencies between accounts, as well as their withdrawal to third-party wallets.
May Saw a Slowdown in the Installation Rate of Bitcoin ATMs to 2019 Levels
202 new crypto-ATMs were installed around the world last month. The last time the indicator was at such low values was in 2019.
South Korea is to Create a Committee to Monitor the Crypto Market
The authorities in South Korea intend to establish a temporary Digital Assets Committee after the collapse of the Terra ecosystem.
Fidelity Digital Assets to Hire More Employees to Meet Crypto Demand From Institutions
Fidelity Investments has announced it has plans to attract additional specialists to expand its product line.
South American Countries Are Turning to BTC
Due to the fact that 37.3% of South America’s population is below the poverty line, the crypto provides them with insurance against inflation.
Fed Vice Chair Says it is Necessary to Issue a Digital Dollar
Fed vice chair Lael Brainard has said the introduction of the digital dollar will help maintain its global dominance.
Standard Crypto Intends to Raise $500M in New Crypto-centered Fund
Standard Crypto, a venture capital company founded in 2019, plans to raise $500 million in a new crypto fund.
