Media: PayPal may choose to cooperate with Paxos to launch a cryptocurrency transaction service, which will be officially released as soon as this week

According to CoinDesk, the cryptocurrency transaction service that the US payment giant PayPal will support is Paxos as the service provider of crypto assets. According to sources, the news of the cooperation will be officially made public as soon as this week. Lianwenyu reported last week that European crypto-friendly financial technology company Revolut announced a partnership with Paxos to launch cryptographic services in the United States. Specifically, Revolut will provide a front-end client experience, and the back-end technical complexity and basic compliance matters will be handled by Paxos Crypto Brokerage.