Google may add cryptocurrencies to its payment service
The company has hired PayPal’s executive to implement a new service development strategy
20.01.2022 - 07:50
518
1 min
0
.
What’s new? Bloomberg reports that Google has started implementing the new financial strategy. Particularly, it’s about the payments division, which will be headed by former PayPal CEO Arnold Goldberg.
News source on the Bloomberg website
What else is known about Google’s plans? The relaunch of Google’s payments division is part of a larger campaign to introduce new financial services. One of the innovations may be the addition of cryptocurrencies, Bloomberg reports.
Google’s immediate plans include expanding options for users. The main goal is to provide customers with the full range of possible financial services. At the same time, the company’s CFO Bill Ready said that Google has no plans to compete with banks:
“We have no intention of being a bank. Our aim is to help create connections,” Ready said.
Useful material?
Telegram 
Twitter Crypto regulations
The platform will launch after meeting the preconditions of the local exchange authority
Dec 9, 2024
Market
The $1,1 billion figure was reached after the bitcoin correction
Dec 6, 2024
Crypto regulations
By early January, all open positions and loans of local users will be closed and repaid automatically
Dec 5, 2024
Trends
According to the fund’s analysts, stablecoins with a peg to the US dollar will gain popularity as the main means of settlement
Dec 5, 2024
Market
The platform takes no fees and allows any user without programming knowledge to launch their own asset in a few clicks
Dec 4, 2024
Incidents
Alex Mashinsky faces up to 30 years in prison on two counts of fraud
Dec 4, 2024
Cryptocurrency rates
-
Bitcoin
$100 598
BTC
+3.37%
-
Ethereum
$3 917.56
ETH
+7.11%
-
Ripple
$2.44
XRP
+5.63%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.415852
DOGE
+6.73%
-
Cardano
$1.16
ADA
+15.44%
-
Polkadot
$9.38
DOT
+12.62%
-
Stellar XLM
$0.442269
XLM
+7.95%
-
Bitcoin Cash
$557.17
BCH
+7.1%
-
Litecoin
$122.23
LTC
+11.41%