PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert
The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.
PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.
PayPal had previously declined to say whether it had any designs in the crypto space; the letter from early March appears to confirm it.
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging the bitcoin mining firm’s operations had infringed upon its patent.
Industry leaders reflect on PayPal's reported plan to offer direct access to crypto for its 325M users, while banks and crypto startups look for solutions to FATF's Travel Rule.
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.