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/biz/ - Business & Finance

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20511223 No.20511223 [Reply] [Original]

https://www.coindesk.com/paypal-picks-paxos-to-supply-crypto-for-new-service-sources-say

PayPal, the fintech giant planning to bring crypto trading to its massive user base, has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.

It’s a plum assignment for New York-based Paxos, which last week launched Paxos Crypto Brokerage and announced its first customer in Revolut US, the American division of the U.K.-based fintech firm that offers bitcoin trading. A formal announcement of the PayPal relationship could come as soon as this week, one source said.

The offering would make PayPal one of the most prominent mainstream companies to offer cryptocurrency purchases, joining fellow publicly-traded payments provider Square and unicorn stock brokerage Robinhood.

It is not clear exactly which cryptocurrencies PayPal intends to offer. Paxos declined to comment for this story. PayPal did not return requests for comment by press time. CoinDesk broke the news of PayPal’s crypto plans on June 22.

>> No.20511238

>>20511223
how did musk

1. reverse his aging
2. get the internet to forget that he looked like this

?

>> No.20511285

Could someone explain me why PayPal is "allowed" to do this, but Facebook's Libra was basically sued for trying to release it and Zuckerberg had to give some legal statements on it?

>> No.20511351

>>20511285
zuckerberg has not managed his name well with our generation but he will ramp up his marketing for the next gen

you see boy jews are all trying to be the fabled messiah. the fabled "chosen one". getting recorded in jewish history is bigger than anything you could hope for. thats their culture. you see why so many become successful? the literally live movie plots thanks to their crazy drug taking ancestors

>> No.20511368
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20511368

>>20511238
he created iexec

>> No.20511394

>>20511351
What are you talking about dipshit? What does Paypal have to do with the Jews

>> No.20511395

>>20511285
Libra was initially supposed to be a stablecoin that had a fluctuating makeup of different fiat currencies
First of it’s kind
Paypal allowing the purchase of existing cryptos really isn’t anything

>> No.20511424

doesnt this hurt RSR since Paxos has its own stablecoin?

>> No.20511434

>>20511238
>he doesn’t know most people have the memory of a gnat


Anon, I...

>> No.20511470

>>20511285
Because zuckfuck wanted it to be a stable coin based on a basket of currencies. He totally fucked op. Out of the infinite ways to do blockchain, he chose the most regulated way, most resistant he literally could have done a Facebook bitcoin and accepted payment and wound up ahead. Totally shows how ignorant he is. No wonder he allows his wife to miscarry so many times.