PayPal CEO: Our platform will 'significantly bolster the utility of cryptocur...

PayPal CEO: Our platform will 'significantly bolster the utility of cryptocur...

PayPal's new crypto services will streamline business adoption of digital assets, says CEO Dan Schulman. PayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.” In an interview with CNBC, PayPal CEO Dan Schulman said the COVID-19 pandemic has accelerated the shift to digital forms of payments. PayPal wants to be at the forefront of the ongoing digital transformation. Schulman said the “use of cash has declined precipitously” amid the pandemic, adding that “40 to....


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