Insiders anticipate Bitcoin integration in PayPal
The crypto magazine claims to have received this information from two sources not mentioned, which Coindesk, however, qualifies as an insider. “I understand that direct purchases of cryptocurrencies are offered via PayPal and the mobile payment service Venmo,” explains one of the sources, while the second even believes that PayPal believes that Bitcoin integration will be possible within the next three months, possibly even even faster, wants to bring.To do this, the payment service could work with various trading platforms. Coinbase from California, USA and the Luxembourg crypto exchange Bitstamp are under discussion.
Job advertisements spread rumors
PayPal and the crypto exchanges that have been discussed have not yet commented on the rumors. Two Paypal job advertisements are, however, seen as an indication that there could be something in the insider reports.The payment service is looking for a senior crypto engineer and a blockchain expert. In a “newly formed team, they should research emerging blockchain technologies and their possible application at PayPal”. At the beginning of the year, Paypal had announced eight similar positions for teams in San Jose, California and Singapore, according to Coindesk information.