PayPal, the $250 billion payments conglomerate, is allowing its users to buy and sell Bitcoin, along with other crypto assets. While the general sentiment remains positive, industry experts are dissatisfied. In an official announcement, PayPal president and CEO Dan Schulman confirmed that the platform would allow the buying and selling of cryptocurrencies, including Bitcoin. It would also enable cryptocurrency payments for 26 million merchants, enabling cryptocurrencies to finance digital commerce. PayPal supporting Bitcoin and other major cryptocurrencies undoubtedly buoy the image of the sector and the asset class. ... (full story)