Friday, July 30. The week is coming to an end, so we can talk about the most interesting news in the crypto industry for this week.
Robinhood Platform Securities are Now Traded on Nasdaq
The cryptocurrency-friendly platform Robinhood held an IPO on the Nasdaq exchange. A few days before the listing, the company put the initial value of shares under the HOOD ticker at $38, and estimated itself at $32 billion. Investors were offered 55 million securities of class A. The founders of the platform, Vlad Tenev and Baiju Bhatt, began to be dollar billionaires, according to an analysis by Bloomberg.
The company applied for an IPO in early July. According to media reports, the listing was planned to be held earlier, but the decision was postponed due to the fact that the US Securities and Exchange Commission was studying its crypto business. During the first quarter of this year, the number of active users of the cryptocurrency trading application increased to almost 10 million people.
The PayPal payment system has completed the development of a crypto wallet
In the coming months, PayPal intends to launch its own crypto wallet for the United States. This was announced by the head of the company, Dan Shulman, when a conference call was held, where the results of the second quarter of 2021 were discussed.
According to Bloomberg, Shulman reported in February that the company was planning to convert the app into a financial super app. It will include many instruments, such as investment services, check cashing, and others. He also stated that the company’s programmers had finished work on the “primary version” of the purse. The company plans to extend the service to all states over the next few months. In the wallet will be a messaging function.
41% of Russians do not want to receive wages in digital rubles
HeadHunter conducted their own research, according to which it turned out that 41% of Russian citizens flatly refuse to receive wages in digital rubles. 48% found it difficult to give a clear answer, and only 11% of Russians would agree to an innovation.
The survey was conducted among more than 3 thousand people.
Of the 11% who agreed, half agreed to receive a full payment in digital rubles, and the second only 50% of the total amount.
In June, the Central Bank of Russia announced the readiness of 12 banks to test the digital ruble. The list includes: Sberbank, Tinkoff Bank, VTB, Rosbank, Promsvyazbank, Alfa-Bank, Gazprombank, Ak Bars Bank, DOM.RF Bank, SKB-Bank, Soyuz Bank and TKB-Bank.
If you believe the information from HeadHunter, then about 87% of Russians use the services of these banks.
Binance crypto exchange lowered the withdrawal limit to 0.06 BTC
Binance, for the convenience of new residents, decided to reduce the daily limit for withdrawing funds from 2 BTC to 0.06 BTC.
For those participants of the cryptocurrency exchange who have been there for a long time, the innovations will take place in stages during August.
Changpeng Zhao also announced on Twitter that the Binance exchange is in search of a new CEO. In his opinion, the CEO should not be in office for more than ten years, five years is the optimal period for work. He also emphasizes that he will not leave Binance.
«In the near future, there are no urgent plans to replace me as CEO. We are in the company, we want to find such a CEO who will have an impressive experience behind him in compliance. This is necessary to demonstrate our commitment to regulatory compliance, as this is the main task of the company.»
Recall that in May there was an interview for ForkLog, where Changpeng Zhao shared his opinion that the CEO of the company, who managed it for ten years, is obliged to give way to another CEO, otherwise the company’s dynamics will slow down.