Anna Irrera, Tom Wilson
Anna Irrera, Tom Wilson
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PayPal to open up network to cryptocurrencies

PayPal to open up network to cryptocurrencies

By , The new service makes PayPal one of the largest U.S. companies to provide consumers access to cryptocurrencies, which could help bitcoin and rival cryptocurrencies gain wider adoption as viable payment methods.The San Jose, California-based company hopes the service will encourage global use of virtual coins and prepare its network for new digital currencies that central banks and companies may develop, President and Chief Executive Dan Schulman said in an interview.“We are working with central banks and thinking of all forms of digital currencies and how PayPal can play a role,” he...

October 21, 2020
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PayPal to open up network to cryptocurrencies

PayPal to open up network to cryptocurrencies

By , The new service makes PayPal one of the largest U.S. companies to provide consumers access to cryptocurrencies, which could help bitcoin and rival cryptocurrencies gain wider adoption as viable payment methods.The San Jose, California-based company hopes the service will encourage global use of virtual coins and prepare its network for new digital currencies that central banks and companies may develop, President and Chief Executive Dan Schulman said in an interview.“We are working with central banks and thinking of all forms of digital currencies and how PayPal can play a role,” he...

October 21, 2020
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reuters.com

reuters.com

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