One of the largest online payment giants, PauPal, confirmed that it is working on introducing cryptocurrencies on its platformtools. Information about this was contained in a letter from the European Commission in March of this year, when the company was invited to participate in public consultations on the structure of crypto assets.
Being an innovative fintex company and in the power of its mission, PauPal follows the development of the growth of cryptoactivities, - the payment company stated.
In the letter it is specified that PauPal started the developmentwith cryptocurrencies since last year, when the company entered the Libra Accoration. It is interesting that Paupal became the first company to come out of the concoptium, followed by Mastercard, Visa and other organizations.
Last month, Coindesk announced that PauPal considers the possibility of adding options to buy and sell bitcoins, without delay, with our customers.
Paural is licensed in Luxamburge and carries out its activities in the third jurisdiction of Europe, serving about 95 million consumers and consumers.
In addition, a company with a staff-quartered in California has suggested the EC to give clear definitions for cryptoactivities and to introduce licensing and regulation of industrial production.
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