Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more


15 Sep 2023 9:00 PM

This edition of Crypto Biz explores PayPal’s crypto gateway, Franklin Templeton’s BTC ETF filing, Coinbase’s Lightning Network integration, and Meta’s plans for a new AI model....

  • PayPal is expanding its presence in the crypto space by introducing new on-ramps and off-ramps for cryptocurrencies in the United States.
  • Franklin Templeton, a traditional asset manager firm, has filed for a spot Bitcoin exchange-traded fund (ETF) in the U.S., joining other major investment firms seeking approval for Bitcoin investment products.
  • Coinbase, a crypto exchange, has decided to integrate the Lightning Network (LN) payment protocol to provide faster and cheaper Bitcoin transactions.
  • Meta, the social media giant, is developing a new AI model that will be more powerful than its previous version and rival OpenAI's advanced model.

The overall sentiment of the article is positive as it highlights the expansion and advancements in the crypto space by various companies.

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You May Ask

What new features did PayPal unveil for its clients in the United States?Which traditional asset manager firm filed for a spot Bitcoin ETF in the U.S.?What is Coinbase's decision regarding the Lightning Network?What is Meta developing that will rival OpenAI's advanced model?What are some challenges faced by crypto firms in the United States?

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