PayPal Letter Seems to Confirm Crypto Capability Rumors

Cointelegraph

Published Jul 14, 2020 09:19AM ET

Updated Jul 14, 2020 11:00AM ET

PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission.

Originally submitted on March 20, the document was intended as a response to the European Commission’s public consultation on building a European Union framework for markets in crypto assets, whose feedback period lasted from December 2019 through March.

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