Beware of robber banks (RB), bad advisors.
-
Paxos Beats Out Coinbase to Become PayPal’s Bitcoin Custodian
Coinbase allows its users to link and withdraw their funds directly to their PayPal wallet. It was initially rumored that Coinbase would be expanding on this partnership by providing a white-label solution to PayPal’s new cryptocurrency service. But new information suggests otherwise, with sources saying that PayPal will instead integrate their service with digital assets services provider Paxos. One possible explanation for the parting of ways between PayPal and Coinbase could be a better offering by Paxos. The company’s newly launched brokerage offering allows businesses to quickly roll out cryptocurrency ... (full story)