PayPal CEO Dan Schulman said he is "very bullish" on all kinds of cryptocurrencies today, during a Web Summit event today.

PayPal has generated some of the biggest headlines in the crypto space this year. On November 12, 2020, the payments giant announced that all US users would be able to start trading Bitcoin on the platform. Not even one month later, and a Mizuho Securities survey showed that almost one in five PayPal users were already buying Bitcoin on the PayPal app. And Schulman is confident that the company is on the right track.

Topics: paypal, bitcoin
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