Coinbase now allows customers in the U.S. to buy cryptocurrencies using PayPal. The development means debit cards and bank accounts linked to PayPal can now be used to buy cryptocurrencies on Coinbase.
The New York-based firm, Paxos, which made its name with a stablecoin and gold-backed tokens, is quietly building a crypto infrastructure empire. On Thursday, the company announced it has raised a $300 million Series D funding round, bringing the total amount raised to $500 million, and valuing Paxos at $2.4 billion.
A new German law could apparently bring as much as €350 billion (~$425 billion) of institutional investment into the cryptocurrency market, financial newspaper Boersen Zeitung reported. The report cites an analysis by Sven Hildebrandt, CEO of Distributed Ledger Consulting (DLC).
Top stories in the Crypto Roundup today:
- Coinbase Now Allows US Users to Buy Crypto With PayPal
- PayPal’s Crypto Firm Paxos Raises $300M at $2.4B Valuation
- Proposed Legislation in Germany Could Allow $425B to Flow Into Crypto
Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptocompare.com/email-updates/daily/2021/apr/30/
