The largest electronic payment system PayPal plans to supply cryptocurrency for its new service through the PAXOS brokerage solution.
According to Coindesk, the giant will use the Paxos Crypto Brokerage, a newly launched API database solution that helps companies integrate services related to digital assets to their activities, simplifying the purchase, sale, storage and sending cryptocurrency in compliance with all regulatory requirements.
A person familiar with this question also told reporters that PayPal could officially announce cooperation in the near future. Earlier, the payment system has already reported that it will offer its customers a new service through which the users of the platform will be able to freely buy and sell cryptocurrency. However, the launch dates and the list of supported assets were not voiced.
Although the new product will open 325 million users of PayPal direct access to digital assets and will contribute to their promotion, but it will not become something new for the market. In fact, the company is now catchy as a series
To develop the channel, your support is important to us, subscribe to the channel and put like.