Coming up with a list of the 100 most influential people in crypto and blockchain is hard in any year. But doing it in 2021 is particularly difficult as the industry advanced from moving into the mainstream to actually being in it. And that makes “influence” a moving target.
PayPal unlikely to invest in Bitcoin, is expanding crypto to U.K.
CFO John Rainey poured cold water on the idea of the firm buying BTC itself as PayPal announced plans to bring crypto to Venmo and merchant payments in the near future
PayPal is bringing its crypto services to the U.K., its first stop outside of the U.S., company Vice President Jonathan Auerbach said on the company's Feb. 11 Investors Day. It will also bring these services to its Venmo app in the near future, along with plans to begin allowing its network of 29 million merchants to accept cryptocurrency as payment.
PayPal CEO suggests crypto becoming a core business
Dan Schulman also revealed that customers who engaged with the Bitcoin features opened the PayPal app at twice the rate of others
Calling the current cash-based financial system “antiquated,” Schulman said “we can envision a future where transactions are completed in seconds not days, a future where transactions should be less expensive to complete and a future that enables all people to be part of the digital economy, not just the affluent.” He added: "We are significantly investing in our new crypto, blockchain and digital currencies business unit in order to help shape this more inclusive future.”
One third of U.K. too baffled to buy bitcoin: survey
62% of interested U.K. residents said they have not bought cryptocurrencies because they do not understand the market, and 45% because they do not know a safe way to acquire them
“Our survey highlights the importance of financial inclusion, and that is why we will continue to spread the word not just about how crypto works but also how easy and safe it can be now to buy and sell," said Ziglu CEO Mark Hipperson.