Blockchain and Cryptocurrency: People, Culture and Tech
Peirce pointed out that while “there have been calls for clarity for some time, a new administration brings the chance to take a fresh look, but it also is a moment where it seems others in the marketplace are also taking a fresh look.”
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.
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.”
“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.
