Payments giant PayPal has reported nearly $1 billion in “protection” for customers’ digital assets, despite a relatively recent entry into the market. This is stated in the report to the SEC. According to the document, the bulk of the assets held by the company consists of $499 million in bitcoin and $362 million in Ethereum. As of March, the total amount of funds deposited on the platform increased by $339 million compared to 2022. Based on PayPal policy, the service does not store cryptocurrency directly in its wallets, but relies on third-party service providers. The firm said it engages “third
Go to Source
Author: NixCoin