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Anna IrreraTom Wilson 6 分で読む LONDON Reuters - PayPal Holdings Inc's PYPL. PayPal Chief Executive Dan Game cash paypal said ahead of the launch that the company was working with regulators on central bank digital currencies.
By making settlement happen through traditional, or fiat, currencies, it also allows merchants to avoid exposure to volatility risk when accepting cryptocurrency payments. O Libra gaining wide traction. FILE PHOTO: The PayPal logo is seen during an event at Terra Gallery in San Francisco, California May 21, It is also likely to prepare the company for the advent of mainstream digital coins, like those that could be developed by central banks, they added.
Plans have been spurred on by the prospect of privately-issued tokens such as Facebook's FB. O decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a game cash paypal means of payment.
For card cash paypal accept real question, however, is whether people will actually want to spend their cryptocurrencies, which are seen game cash paypal many as a store of value, experts said.
Large companies from computer maker Dell Inc [DI. Such coins are a world away from the ethos of bitcoin, which sought to subvert the financial establishment by doing away with a central issuer or authority.
PayPal was a founding member of Libra but dropped out after a few months. But that game cash paypal might benefit PayPal more than cryptocurrencies, other experts suggested.
Then the game cash paypal is, would someone want to use it for merchant transactions, which is more of an unknown. Through game cash paypal move PayPal is also broadening the suite of products within its wallet, reflecting a winning strategy by Chinese rival Ant Financial, whose popular Alipay digital wallet includes services such as payments, loans and insurance.
The company said it hoped the service would help cryptocurrencies game cash paypal more useful, game cash paypal readying its network for the emergence of more mainstream digital coins.
account holders to hold cryptocurrencies and shop with them at its 26 million merchants. UL] to travel site Expedia Group Inc EXPE. Reporting by Anna Irrera and Tom Wilson in London; Editing by Rachel Armstrong and Pravin Char.N , the payments company led by Twitter boss Jack Dorsey, has been offering crypto buying and selling in its increasingly popular P2P payment app Cash since Online brokerage Robinhood Markets Inc has been offering crypto trading since and has seen overall business boom this year. O have announced plans to accept digital assets over the past 10 years, but none have prompted large-scale adoption by cryptocurrency users as a means of payments.