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OKCoin Exec Says PayPal Will Boost Crypto Adoption, If Rumors True

Published 07/01/2020, 05:00 PM
Updated 07/01/2020, 06:40 PM
OKCoin Exec Says PayPal Will Boost Crypto Adoption, If Rumors True

Rumors recently surfaced of mainstream payment giant PayPal adding crypto as an option on its platform. Although he had no additional information on the legitimacy of the rumors, OKCoin COO Jason Lau said digital assets on PayPal would further crypto adoption.

"When a traditional player like PayPal, who has 325 million users, enters the crypto space, it is sure to have a positive impact in highlighting cryptocurrencies to a big new audience," Lau told Cointelegraph via email correspondence on June 24.

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