PayPal is getting into crypto

zeroblackhat

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PayPal is nudging cryptocurrencies into the mainstream by launching its own service over the next few weeks that lets people buy, sell and hold digital currencies on its site and apps. And next year, PayPal's 346 million users will be able to use cryptocurrencies to shop at 26 million merchants in its network. CEO Dan Schulman called the shift to crypto — where digital money is exchanged between two parties online without bank involvement and no regulatory oversight — "inevitable." The price of Bitcoin surged to its highest level in more than a year on the news.
 
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