PAYPAL MAKES A HUGE CRYPTO UPDATE YOU NEED TO KNOW ABOUT! - podcast episode cover

PAYPAL MAKES A HUGE CRYPTO UPDATE YOU NEED TO KNOW ABOUT!

Sep 16, 202516 min
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Episode description

Crypto News: PayPal to integrate Bitcoin, Ethereum, PYSD in P2P payment push. Michael Saylor & multiple crypto executives to meet US lawmakers tomorrow to help advance Strategic Bitcoin Reserve bill.
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⏰ Time Stamps ⏰
00:00 Intro 
00:25 US Bitcon Reserve 
01:34 Paypal crypto 
04:09 Avax ETF
05:48 Ethereum AI 
07:30 SEC Gemini exchange 
08:28 Robinhood SEC Venture Fund 
10:24 London Stock Exchange blockchain 

================================================= 
#Crypto #PayPal #Bitcoin #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto ================================================= 
The Thinking Crypto Podcast is your home for the best Crypto News and Interviews - crypto, cryptocurrency, crypto news, bitcoin, bitcoin news, xrp, xrp news, ripple, ripple news, ripple xrp, ethereum, ethereum news, cardano, ada, solana, altcoins, defi, news, interviews, podcast, metaverse, nft, altcoin daily, cryptosrus, coin bureau, altcoin news, bitcoin today, markets, investing ================================================= 
Disclaimer - The Thinking Crypto podcast and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. Note that links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!

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Transcript

Intro

Speaker 1

Hey, everybody, Welcome into the Thinking Crypto podcast. You're home for cryptocurrency news and interviews. I'm your host, Tony Edward. On your way in. Please at that subscribe button as well as the thumbs up button and leave a comment. Blow If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. Folks, we have some very big news being reported here by

US Bitcon Reserve

Michael Saylor. So apparently Michael Saylor and multiple crypto executives are going to meet with the US lawmakers tomorrow to advance the strategic Bitcoin reserve build. This is really great because we know Trumps signed an executive order to establish a strategic bitcoin reserve with the bitcoin they have confiscated over the years. But there was also the part of looking into how to fund the ability to buy bitcoin.

So let's see what comes out of this. This could be really big and if the United States is able to buy bitcoin, needless to say, that would be very bullish and huge for the market and could really kick off a massive FOMO around bitcoin and other crypto assets because we've seen other countries follow the United States lead and it seems like the direction we're heading in is that bitcoin will sit alongside gold and other assets as a reserve via different central banks. So it will happen

in time. But let's see if they come up with anything interesting here, and this could be a huge narrative for the bull market. All right, Moving ahead, PayPal is

Paypal crypto

introducing a new peer to peer payment system. Here's a quote. Crypto will soon be directly integrated into PayPal's new P to P payment flow in the app. This is huge. We continue to see payment companies, banks, stock exchanges, and the largest financial institutions integrate crypto in many ways, and this move by PayPal is huge. I think this is

a game changer because they have a big ecosystem. They also have Venmo, and if they roll this out, you know it's going to be open to millions of customers. So let me give you some details here. PayPal, the global payments giant with over four hundred million active accounts, is adding cryptocurrency to its peer to peer payments, enabling users to send and receive digital assets directly, a step

that could accelerate mainstream adoption beyond investment and training. On Monday, the company unveil PayPal Links, a personalized one time link generated in the PayPal app that could be shared across texts, email, or chat. The feature will first launch in the US before expanding to the United Kingdom, Italy and other international

markets in the near term. Users will be able to send cryptocurrencies and stable coins directly through paypals P to P feature, both to PayPal and Venmo users, as well as to compatible digital assets. The supported cryptocurrencies include Bitcoin,

etherorem and PayPal stable coin p USD. Incredible news here, folks, And as the article mentioned, this could help boost adoption because if you can easily send people crypto assets without having to worry about you know, long wallet addresses and complicated things and putting the wrong thing, and you have this kind of Web two setup, but it's powered by Web three. This is what's needed for mass adoption. Now you can imagine PayPal's competitors are going to build similar stuff.

You know, Robinhood's probably going to do it and the other folks, But huge move by PayPal here. I'm going to try to get someone from PayPal on the podcast again. I had interviewed PayPal CTO if I'm not mistaken, in twenty twenty four. His name is Edwin Aoki and we talked a bit about, you know, what they were doing with cryptos. So I think it would be a good time to get someone on the pod from PayPal to

talk about this. And by the way, Paxo's the issuer of the PayPal stable coin p y USD their CEO. I interviewed and I publish that interview earlier today, so check it out, guys. It's a good conversation where we dive into the future of payments and much more. So huge news here now look at this and s one

Avax ETF

for bit wise is avalanche Avax ETF just drop and we're set to get some SEC decisions next month. So the ETF all coin ETF applications are piling up here. We are seeing a lot being laid on the desk of the SEC. But I want to remind everybody there's no futures market for AVAX, not to say there won't ever be. I'm just saying right now, I believe x RP and Salona are the ones that are going to

get approved because they have the futures in place. And I will be interviewing SEC Commissioner Hester Perse in a next week actually, and I will ask her the details around this, you know, is the future still required? I assume it still is, and I'll ask her about, you know, the timeline for these all coin ETF approvals. All right, folks, A quick word from our sponsor, and that is Treasure. Treasure makes beautiful hardware wallets that make it easy for

you to safely store your crypto assets. Many of you know, I'm a big believer in self custody. It's the safest way to custody your assets. And Treasure supports a variety of tokens, folks. I'm talking Avax, Bitcoin, Solana, XRP, all your top coins. So they even support new tokens. And they have a great software called Treasure Suite which helps you to manage all of this. And their hardware wallets

are open source. They're the ones that started hardware wallets and the seed phrase setup, so they pioneered all of this stuff in twenty thirteen, so they've been at this for a long time. And folks, if you use my code thinking Crypto all one where Thinking Crypto, you can get five percent off. So if you'd like to learn more, check out the link in the description. Now look at

Ethereum AI

this The Theorem Foundation forms AI research team to blend blockchain in AI. And this comes as no surprise because you see a lot of different blockchains and projects are trying to suppor AI agents. We know AI agents are going to be used by a lot of folks. There's going to be many of them, and you want to make sure you can support them and people can build on your blockchain and be able to use payments with

your currency and even stable coins on your blockchain. So David Krappi, is a research scientist from the Foundation, said Monday that the new team will focus on developing an AI economy on Etherorem and a decentralized AI stack for developers. Here's a quote. Etherorem makes AI more trustworthy, and AI makes etherorem more useful, he said on x. The more intelligent agents transact, the more they need a neutral based

layer for value and reputation. Etherorem benefits by becoming that layer, and AI benefits by escaping lock into a few centralized platforms. So folks see the direction things are headed in here, and AI is going to be a big part of the economy, and obviously it complements blockchain in many ways, and blockchain complements AI in many ways. In fact, it

will be used the police AI. Eventually all of our content uploaded on social media platforms, things that we generate on social media, will be blockchain power, so we know the source and we can tell what's a de fake, what's real, what's not, because that's going to be a very messy world when AI fakes get sophisticated where you can't tell the difference that's coming. That is a scary thing. But at least we have blockchain to help solve the

transparency and trust factor. Okay, moving ahead, the SEC Gemini

SEC Gemini exchange

Trust reach agreement over crypto lending dispute. So many of you know, Gemini had a big issue with the company it was doing to earn service through and that was so messy, but thank goodness, it got resolved. So we got an update here from the SEC. So the SEC and Gemini Trust company filed a status update in court, letting a federal court know they had reached a resolution principle to resolve a securities case stemming from a twenty

twenty three complaint. In a Monday filing with the US District Court for the Southern District of New York, the SEC and Gemini Trust said subject to review and approval by the Commission. The two parties requested that all litigation in the case be indefinitely stayed. So this is really great. Gemini, of course, just did an IPO last week on Friday, they got listed on the NASDAC, so great to see some of these legacy issues being resolved here. Moving ahead,

Robinhood SEC Venture Fund

Robin Hood seeks SEC approval for venture fund accessible to retail investors, So this is really great. They're trying to open up private equity to the masses and they should, right. The accreditation laws are so outdated and I'm going to talk to Hester Purst about this. You know, why should only high net worth individuals be able to access these things and not in individuals, especially when you have more

knowledge about markets. You have the Internet, everybody has the wealth of information on their phones and their compute or now with AI which can be as an assistant and even educate you, right to help you to learn along the process. So I understand the accreditation laws maybe forty fifty years ago, but now there's no need for that. Come on, right, So great to see Robinhood is doing this. And if you guys recall when I interviewed Vlad Tene, CEO of Robinhood. We talked a bit about this, so

make sure you check out that interview. They are really trying to open up as much investment opportunities to folks around the world. So brokerage firm Robinhood is planning a close end fund that would give retail investors access to its venture capital portfolio, a space traditionally reserved for institutions and high net worth individuals. The brokeridge disclosed Monday that it has filed a Form and two with the SEC to register shares of Robinhood Ventures, one which will be

managed by its new subsidiary, Robinhood Ventures THEE. So, if approved, shares of our will be listed on the New York Stock Exchange where they can be bought and soul through participating brokerage platforms. This is great, folks, and I think it will also have an impact on tokenized securities, so certain things that were not accessible to once again retail. This you know, if they change the accreditation laws across the board, it will really help tokenize assets. Now, final

London Stock Exchange blockchain

news item, which is very bullish, London Stock Exchange launches blockchain platform for private funds again, look who's involved, the London Stock Exchange, right, and Microsoft is also part of this. So this is a very bullish news item and I actually share this on the live stream this morning. So the London Stock Exchange Group launch a blockchain based infrastructure platform for private funds, making it the first major global stock exchange to use such a system. And let me

give you some updates here. They're not going to be the last, right, and they're not going to be the only ones. More are going to follow. So the platform, called Digital Markets Infrastructure, supports the full life cycle of digital assets, from issues and tokenization to post trade settlement. It was developed with Microsoft and runs on Microsoft Azure.

The exchange set on Monday. So the London Stock Exchange Group said the system was designed to provide interoperability between distributed ledger technology and traditional financial systems as part of its goal to become the first global exchange group to support clients across the full funding continuum. So, folks, you're seeing the bridge being built here from the traditional system

to the new system, which is blockchain base. Incredible, and again look at the names and the folks who are involved. I started the podcast talking about PayPal, right, and now I'm talking about the London Stock Exchange. We're talking about Robinhood as well. It's incredible what's happening. So this is why I am so bullish on this news. So private funds are the acid class to go live in or on the DMI, with plans for additional asset classes as

part of the initial offering. Private funds on the DMI will be discoverable by workplaces users, enabling general partners to interact with professional investors on these platforms. Capital management from members CAP and London based Archacks, a Financial Conduct Authority regulated crypto exchange where the first clients on board. Members CAP conducted the platform's debut transaction, with Archacks acting as a nominee for the Cardono Foundation. So Cardana holders, that's

some very interesting news here. But man, look who's involved. Look at what they're building, folks. Again, I know I say this a lot. I'm not just bullish on this cycle, but when the bear market comes, I'll be buying and loading up and getting ready for twenty twenty eight to twenty thirty. Something to keep in mind, we are now getting crypto legislation. We're waiting on the Clarity Act to pass.

It's going to start taking place soon, and it's going to take time for that legislation to make its way throughout the economy and getting accepted by people and reviewed by people, and then they have to build. And usually the building happens in the bear market. So you can see here once again you can position yourself very well for the next bull market. So things are moving in the right direction. We are seeing incredible adoption here. So I'm just blown away by the participants and the people

who are building here. And I don't think a lot of people out there realize what's going on. I still see comments that Crypto's spot a ponzi, cryptos a scam, right, because people are not educated and they've often chang is hard for human beings, and sometimes you know, your initial reactions like, oh this doesn't seem real. You know, oh, how can this be currency? How can this work this way?

But this is where you have to go beyond that and educate yourself so that you understand is what I've seen on headlines real is it a or is it legit? People haven't gone that next step, so count yourself lucky if you have, because this is the next layer on top of the Internet. And you know, these news items are not making major headlines on Fox or CNN and all that stuff. Right, So the majority of mainstream media is not telling you this. They just push their narratives

versus sharing the facts. Who's building, who's investing, who's getting patents and actually doing things right facts. There's no spin here, there's no opinion piece per se. It's just hey, look at what the London Stock Exchange is dealing with Microsoft, right, Here's what PayPal is doing, straight up facts. Right. So again, count yourself lucky that you're here early and if you bought the bloody bear market and the dips and your position to get an incredible return. So, folks, stay patient.

Things are moving in the right direction, all right. A great way you can support me in the podcast, folks, is by subscribing to my free email newsletter. It is one hundred percent free. Check out the link in the description. Check out my book on am Amazon it's available in paperback, in digital, and my course at mycryptocurse dot com. This is a comprehensive course that teaches you every aspect of crypto. So if you'd like to expand your knowledge, check out

this course. Folks, thank you so much for watching and listening. I appreciate you all, and I'll talk to you all later

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