Crypto Corner Podcast: Cryptocurrency Stocks in the News: (NasdaqGS: PYPL) (TSX: GLXY) (TSXV: BNXA)

Crypto Corner Podcast: Cryptocurrency Stocks in the News: (NasdaqGS: PYPL) (TSX: GLXY) (TSXV: BNXA)

Episode Transcript

(00:00):
Welcome to today's edition of Cryptocorner atinvestor Ideas dot com, news on what's
driving the cryptocurrency market. Hello everyone, this is Sam Mowers here. Welcome
to the latest episode of the Cryptocornerpodcast. For news today, pay Pal

(00:21):
USD is available on Venmo, GalaxyDigital has appointed a new CEO of Europe,
and Banks has announced thirty two moneytransmitter licenses granted in the United States.
Just before we get into the show, however, a quick reminder that
if you enjoy this podcast to pleasefeel free to share it or leave us

(00:41):
a review, and as always,I recommend checking out some of the other
podcasts on Investorideas dot com. Thisincludes the Cannabis Podcast, the Cleantech and
Climate Change Podcast, and many more, all of which will bring you up
to speed on the latest stock newsand trends in their respective spaces. Right

(01:03):
so, PayPal Holdings, Inc.Which trades on the NASDAC under the ticker
pypl, has announced that PayPal USDor PYUSD is now available on mobile payment
service Venmo two select users and willbe in fact rolling out fully in the
coming weeks. PayPal USD, forthose who aren't aware, is paypals on

(01:26):
chain regulated dollar denominated stable coin onehundred percent backed by US dollar deposits,
short term US treasuries, and similarcash equivalents. It was launched just a
bit earlier this year. Now,according to the announcement, Venmo users are
able to purchase pyusd and send itto friends and family on PayPal, Venmo

(01:49):
and compatible external wallets. Further excerptreads quote. In addition to the increased
availability and distribution in these first fewweeks, PayPal usd has been greenlisted by
the New York State Department of FinancialServices, making easier for virtual currency entities
licensed in New York to support PYUSD. We remain fully committed to the mission

(02:15):
behind pyusd, that is deploying asafe, regulated stable coin at scale,
both for the Web three ecosystem andfor everyday payments, and we look forward
to sharing more updates in the futureand next up. Galaxy Digital Holdings Limited,
which trades on the TSX under theticker gl XY, has appointed Leon

(02:40):
Marshall in the company's newly formed roleof CEO of Europe, where he will
be responsible for overseeing galaxies continued Europeanexpansion across all business lines, as well
as managing operations and key client relationshipsin the region. Had joined Galaxy back

(03:00):
in June as its global head ofSales. Boasting two decades of experience spanning
digital assets and also traditional finance,Marshall commented, Galaxy has firmly established itself
as the world's pre eminent digital assetfinancial services platform thanks to its innovative,

(03:22):
institutional grade investment solutions and deep benchof talented and experienced professionals. I have
the utmost confidence that we are wellpositioned to remain at the forefront of the
digital assets space for years to come, and can't wait to continue to work
with the team to develop and deliverinvestor friendly, regulatory compliant products end quote.

(03:46):
Lastly, for Today, Banks Holdings, Inc, which trades on the
TSXV as BNXA, has reported thatit has had thirty two money Transmitter licenses
or MTLs in the US granted todate. This covers the states of Tennessee,
Virginia, Florida, and Puerto Rico, and the companies expecting seven more

(04:09):
of these MTLs to be granted intwenty twenty three based on active applications.
Banks as CEO Holger Arians says quote. BankSA is focused on providing enterprise grade
digital asset infrastructure for the new eraof embedded crypto. We combine the US
and global licenses and registrations with ourglobal payment gateways and our industry leading technology

(04:33):
to provide a powerful solution that isused by over two hundred partners, digital
asset platforms and their users worldwide.It is also encouraging to see the latest
M and A activity by large UStech companies to acquire organizations that own MTLs
in the digital assets arena. Seeinga premium being placed on licensing portfolios is

(04:58):
a positive sign for banks A,which holds thirty two of these MTLs across
the US and is expecting seven moreto be granted in twenty twenty three.
End quote. That does it fortoday's crypto quorum. If you would like
to be a guest or sponsor forthis podcast, contact investoridias dot com.
The Best Ideas reminds all listeners toread our bay screeners and disclosures on investoridias

(05:21):
dot com website. This podcast isout endorsement to fire Product Services or securities
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(05:42):
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deliver a better way for businesses toprovide their customers with immersive commerce experiences.

(06:06):
For more information, visit Apteccorp dotcom. Aptec trades on the MAZDAC under
particular simle apc x