PayPal, known globally for being one of the world’s leading online payment systems, would soon accept all forms of crypto and blockchain services. This was made known by Richard Nash, the company’s vice president.
Nash’s Notable Revelation
Speaking today, in an exclusive statement to Cointelegraph at the World Economic Forum, Nash revealed the latest development about PayPal. According to him, the company is putting in efforts to enable the use of all digital services on the PayPal platform.
The announcement comes two years after the company had rolled out such crypto services for world’s leading cryptocurrency, Bitcoin, across the U.S. The plan would include digital currencies, as well as, central bank digital currencies (CDBC).
Critics and doubters have been shown an early red card by Nash, who suggested his personal stance and experience with cryptocurrency. A question about him holding any crypto was met by an answer that clearly hints he does despite not being definitive.
Nash is not the only leading executive with an experience in cryptocurrency though. A previous report by Cointelegraph three years earlier, revealed PayPal CEO, Dan Schulman, as a Bitcoin holder. PayPal could also launch their own Stablecoin, PayPal Coin.
