PayPal Looking To Make All Possible Crypto Integrations In Future – May 23

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $30,434

Bitcoin price is testing the highs of its recent range once again, currently pushing against the $30,500 mark to begin the week.

Top-20 altcoins are performing well over the last 24 hours, as Ethereum gains 4%, BNB rises 6% and XRP advances 3%.

Top Stories for May 23, 2022 πŸ”₯

πŸ‘‰ PayPal Looking To Make All Possible Crypto Integrations In Future

Payments giant PayPal is working to support all possible digital currency integrations into its services, according to senior executive Richard Nash at the World Economic Forum this morning.

The integrations being examined for the future include private digital currencies and eventually central bank digital currencies (CBDCs). PayPal is also considering launching its own stablecoin.

The company previously rolled out its own buy, hold and sell service for major cryptocurrencies across the US in 2020.

πŸ‘‰ Korean Crypto Exchanges Warn About Litecoin Confidential Transactions

Korean cryptocurrency exchanges Bithumb and Upbit have warned users about Litecoin, after the network upgraded to enable confidential transactions via Mimblewimble.

At the focus of the concern is Korean regulation requiring exchanges to implement and adhere to know-your-customer and anti-money laundering processes, often resulting in the delisting of anonymous cryptocurrencies.

πŸ‘‰ GameStop Unveils Its Own Non-Custodial Web3 Wallet

Infamous video game retailer GameStop has released its non-custodial, NFT-compatible cryptocurrency wallet, currently available in beta via the company’s website.

The wallet is designed for the Ethereum blockchain, designed to enable gamers to transfer in-game assets without leaving their web browsers. GameStop is set to launch its own NFT marketplace later this year.