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PayPal Hires Specialists on Cryptocurrency in Ireland

Anna Martynova

According to the Irish Independent, PayPal, the largest debit e-payment system, has begun hiring employees for cryptocurrency-related positions. The vacancies for the Dublin and Dundalk offices are focused on working in the area of ​​cryptocurrency compliance and anti-money laundering, as well as further development of the company's cryptocurrency business.

Earlier this year, PayPal launched a dedicated cryptocurrency and blockchain division. PayPal entered the cryptocurrency market in October 2020. The company then allowed United States customers to buy BTC, ETH, BCH, and LTC. In March of this year, the company launched a new service that allows US customers to pay for goods and services using existing digital assets. Two months later, PayPal announced that it would allow customers to withdraw cryptocurrencies to third-party wallets.

PayPal CEO Dan SCHULMAN says PayPal plans to launch a cryptocurrency service in the UK in the near future. He also added that the company is currently in the process of developing updates that will speed up payment processing.

Image: Redes Zone

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