{"id":313467,"date":"2021-08-01T19:13:34","date_gmt":"2021-08-01T16:13:34","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/paypal-reportedly-assembling-crypto-team-in-ireland-as-bitcoin-adoption-grows\/"},"modified":"2021-08-01T19:13:34","modified_gmt":"2021-08-01T16:13:34","slug":"paypal-reportedly-assembling-crypto-team-in-ireland-as-bitcoin-adoption-grows","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/paypal-reportedly-assembling-crypto-team-in-ireland-as-bitcoin-adoption-grows\/","title":{"rendered":"# PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows"},"content":{"rendered":"<p>&#8220;<strong># PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvY2U5MDg4ZDUtODJlZi00MmNjLWJkMTgtZDBiYjYwNzllOWNkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Global payments provider PayPal is in the process of recruiting for several cryptocurrency-related positions at its Ireland offices, further highlighting the company\u2019s ambitions in the rapidly growing digital asset market.\u00a0<\/p>\n<p>The Dublin-based Irish Independent, one of the country\u2019s most popular <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> outlets, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.independent.ie\/business\/irish\/paypal-toinvest-incrypto-support-40705745.html\">reported<\/a> Sunday that PayPal is looking to fill various crypto-focused roles in compliance, anti-money laundering and business development for its Dublin and Dundalk offices. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>PayPal set to launch crypto trading in the UK and may embrace DeFi<\/em><\/strong><\/p>\n<p>PayPal launched a dedicated crypto and blockchain business unit earlier this year to support its foray into cryptocurrencies, which initially began in October 2020 by allowing customers in the United States to buy Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). In March of this year, the company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/globalnews.ca\/news\/7727986\/paypal-cryptocurrency-checkout-us-customer\/#:~:text=PayPal%20will%20announce%20later%20on,digital%20assets%20in%20everyday%20commerce.\">expanded<\/a> its offering by allowing U.S. customers to pay for goods and services using their digital asset holdings. Two months later, PayPal said it would allow customers to withdraw their cryptocurrencies to third-party wallets.\u00a0<\/p>\n<p>Dan Schulman, PayPal\u2019s CEO, said in April that his company\u2019s crypto business exceeded all expectations in its first six months of operations. The rapid uptake of digital assets such as Bitcoin and Ether coincided with a massive price surge that pushed the overall cryptocurrency market to a nearly $2.6 trillion valuation. Although prices corrected sharply between May and July, crypto markets <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear to have found a bottom and are now trekking upward again.\u00a0<\/p>\n<p>During PayPal&#8217;s quarterly earnings call last week, Schulman indicated that the company&#8217;s crypto trading service would be coming to the United Kingdom in the very near future. Upgrades that would allow for faster payments processing are also in development, he indicated.\u00a0<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>PayPal users will be able to withdraw crypto to external wallets<\/em><\/strong><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/paypal-reportedly-assembling-crypto-team-in-ireland-as-bitcoin-adoption-grows\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows &#8221; Global payments provider PayPal is in the process of recruiting for several cryptocurrency-related positions at its Ireland offices, further highlighting the company\u2019s ambitions in the rapidly growing digital asset market.\u00a0 The Dublin-based Irish Independent, one of the country\u2019s most popular news outlets,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":313468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvY2U5MDg4ZDUtODJlZi00MmNjLWJkMTgtZDBiYjYwNzllOWNkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74889,76574,74355,117,75407],"class_list":["post-313467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-payments","tag-paypal","tag-adoption","tag-business","tag-ireland"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/313467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=313467"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/313467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/313468"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=313467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=313467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=313467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}