PayPal Has a New Business Division Dedicated to Crypto

From blockworks.co

PayPal reported its fourth quarter earnings Wednesday and though it didn’t disclose specific performance metrics about its bitcoin services feature, PayPal Crypto, CEO Dan Schulman spoke vaguely on the call about its initial success and the company’s commitment to the digital assets market. “Even with high initial expectations, the volume of crypto trading on our platform, greatly exceeded our projections,” he said. “These initial steps are just the beginning of an extensive roadmap around crypto, blockchain and digital currencies.” He also said the company is “significantly investing in our new crypto, ... (full story)