PayPal Ban Is The Latest Crypto Opportunity, Says Binance CEO

Binance was recently in the spotlight after it’s been revealed that the platform added 12 new digital assets to the US exchange.

Among the latest additions, there’s also VeChain (VET) as well.

The online publication the Daily Hodl reported that VET surged following the news. VET is paired with the stablecoin Tether.

It’s been reported that Binance.US is considering the addition of several more crypto assets, including Holochain, Loom Network, Decentraland, Nano, Paxos, Augur, TrueUSD, USD Coin and Zilliqa, according to the latest info from the online publication Daily Hodl.

PayPal will reportedly suspend transactions forPornhub

Changpeng Zhao highlighted via Twitter that PayPal will suspend all transactions for Pornhub.

This will reportedly open a door for BTC and other cryptos as a viable payment method for adult entertainers.

Pornhub management said that PayPal will halt payout to more than 100,000 adult performers who depend on the money transmitter for meeting their everyday expenses.

“We are all devastated by PayPal’s decision to stop payouts to over a hundred thousand performers who rely on them for their livelihoods. If you have PayPal as your payout option please select a new method and update your information in your Model Settings tab.”

The platform is now instructing users who used to select PayPal as their payment option to change it to direct deposit or direct debit, according to the latest data coming from the online publication the Daily Hodl.

You may recall that Pornhub added Verge as a payment option back in 2018 and Tron follower, together with ZenCash.

Cointelegraph also reported that CZ predicts that China’s digital yuan will be launched on a blockchain-based platform.

At the BlockShow Asia 2019 event in Singapore, CZ stated the following:

“The Chinese government wants to push RMB’s influence globally. They want RMB to be competitive with the US dollar. In order to do that they really need to push this currency to have more freedom.”

He continued and explained that “When you learn about blockchain, you almost have to learn about Bitcoin. If you learn about smart contracts, you will have to learn Ethereum.”


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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

2492 Articles

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Coinbase

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BitStarz

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