Source: Pixabay (Mohamed Hassan)
PayPal is in the talks to buy BitGo, one of the largest cryptocurrency custodians.
- The comes shortly after PayPal announced they would be supporting cryptocurrencies starting early 2021.
- BitGo is one of the first cryptocurrency custodians to be fully regulated in the United States.
- It provides asset security to dozens of companies inside and outside of the cryptocurrency space.
- PayPal may also be considering to acquisition of other companies in the cryptocurrency space to help bolster its upcoming cryptocurrency services.
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