PayPal takes on Bitcoin - A partnership with Paxos to get into cryptocurrency?

in hive-116221 •  4 years ago 

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On Wednesday July 15, the Paxos Trust Company announced in a press release its new sector, specializing in cryptocurrency brokerage . Called "Paxos Crypto Brokerage" , this new offer allows any company to integrate in its own applications functions of purchase , sale and storage of crypto-assets.

The neo-bank Revolut was the first to announce its membership of the new Paxos service. In fact, the crypto previously purchased on Revolut were in fact as trackers price of cryptos - derivatives that merely duplicate the course of crypto . Thanks to Paxos, Revolut's American customers will finally be able to be offered more native crypto services.



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