Decred Co-Founder Calls PayPal and Crypto 'An Odd Combination'

PayPal could be gearing up to work with crypto assets, according to recent rumblings, although Decred co-founder Jake Yocom-Piatt is unsure of those rumors' validity. “It's hard to say whether these are rumors or not regarding PayPal accepting cryptocurrencies soon," Yocom-Piatt told Cointelegraph via email correspondence when asked about the rumors.

The pairing does not seem like a fit

Recent news showed PayPal seeking to fill crypto and blockchain-related job positions, while rumors circulated of the platform listing crypto assets. Although the addition would bring digital assets greater availability, Yocom-Piatt added that the move would not line up with PayPal's system. "PayPal, specifically, is notorious for depriving its users of access to legitimately-acquired funds on their platform with little to no justification," he said. Read More...

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