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PayPal CEO Dan Schulman has stared down death threats for taking tough social stances, but in entering China, the PayPal CEO could find the biggest challenge yet to his values.

Why it matters: Other companies have gone into China thinking that they could access the giant market without having to compromise their values. At some point, most of them were forced to choose one or the other.

Pressed on the issue, Schulman told "Axios on HBO" he isn't worried.

  • "Every country around the world has issues," Schulman said. "We need to navigate those in the way that we feel is most consistent with our values and most consistent with our mission. Not easy to always go do, but I wouldn't single out China versus any other country."

Between the lines: Schulman has certainly been willing to take stands here in the U.S., throwing white supremacists off PayPal's service and pulling a planned expansion into North Carolina after that state passed a law that severely limited transgender rights.

  • But China isn't the U.S. or other countries, as the NBA was just the latest to have made painfully clear.

Meanwhile: Schulman also discussed the future of digital payments and the controversial privacy practices of Venmo, the company's fast-growing peer-to-peer payment unit.

  • So, is cash dead? "I think cash is gonna be with us for a long time. But I do think it's inevitable — that all forms of money are going to eventually digitize."
  • Why are Venmo transactions public by default? "I think the boundaries between private and public are much more blurred than we're — than it was when we were growing up. To that generation, and we shouldn't put our values or our judgment on it, sharing and understanding what their friends are doing and what's important to their friends is incredibly reinforcing."

Go deeper

G20 coal impasse previews fraught UN climate summit

A man tends to vegetables in a field as emissions rise from nearby cooling towers of a coal-fired power station in Tongling, Anhui province, China, Jan. 16, 2019. (Qilai Shen/Bloomberg via Getty Images)

G20 environment ministers ended talks without agreeing to phase out domestic coal-fired power generation and funding for such plants abroad, a deadlock that foreshadows difficult negotiations looming for this fall's critical climate summit.

Driving the news: Officials who met in Naples, Italy, on Thursday and Friday could not find consensus language on the use and financing of the most carbon-emitting fuel.

Updated 2 hours ago - World

At least 125 dead in western India after landslides, monsoon flooding

Vehicles driving through a flooded street in Mumbai on July 19. Photo: Pratik Chorge/Hindustan Times via Getty Images

At least 125 people are dead after monsoon rains triggered landslides in the western Indian state of Maharashtra, authorities said on Saturday, according to Reuters.

State of play: Downpours lasting several days have impacted hundreds of thousands of people, as major rivers are in danger of breaking through their banks.

Updated 3 hours ago - Sports

Olympics dashboard

🚨: China wins 1st gold of Tokyo Olympics

📺: The Olympic events to watch today

🎾: Athlete spotlight - Naomi Osaka looks to snag gold on home soil

👻: How the no-spectator Olympics could affect the athletes

🇺🇸: "What an honor it is to watch you soar," first lady tells U.S. Olympians

🥇: The six new sports at Tokyo 2020

💉 About 100 U.S. Olympic athletes are unvaccinated

Go deeper: Full Axios coverage