PayPal is set to allow on-chain transfers from Venmo accounts beginning in May, according to Jose Fernandez da Ponte, the firm’s Senior Vice President and General Manager of Blockchain, Crypto and Digital Currencies.
Global financial services giant Mastercard has introduced a new Web3 solution called “Mastercard Crypto Credential” designed to enhance user verification standards and mitigate the risk posed by malevolent actors in the digital asset sector.
UK-based fintech firm Revolut has announced a strategic alliance with web-based cryptocurrency tracking and tax reporting software provider Koinly, which allows users to calculate their capital gains and losses for tax reporting purposes
Top stories in the Crypto Roundup today:
- PayPal’s Venmo to Enable On-Chain Transfers
- Mastercard Launches Crypto Credential Service for Web3
- Revolut Leverages Koinly Partnership to Streamline Crypto Tax Reporting for Its Customers
- Total Stablecoin Market Capitalisation Declines for 13th Consecutive Month