Neel Kashkari Questions Effectiveness of Central Bank Digital Currencies
Federal Reserve Bank of Minneapolis President Neel Kashkari has spoken out strongly against central bank digital currencies, questioning whether they can improve the speed and efficiency of payments. Neel Kashkari noted that the topic of launching a digital dollar has recen ...
OpenAI CEO Sam Altman Seeks $100 Million Funding for Worldcoin Cryptocurrency Project
OpenAI CEO Sam Altman plans to raise about $100 million in funding for his Worldcoin cryptocurrency project. According to three people with knowledge of the deal, Sam Altman is in preliminary talks to raise the cash as he prepares to launch Worldcoin in the next few weeks. ...
PayPal’s Venmo Payment Service to Offer Cryptocurrency Transfers
PayPal's Venmo payment service, which has over 60 million customers in the U.S. alone, will add the ability to transfer in cryptocurrency. Users of PayPal's parent platform received a similar opportunity last June. PayPal clients can work with BTC, ETH, BCH and LTC, but the ...