The Irish Independent, a news site based in Dublin, has announced that PayPal is seeking crypto-focused roles to fill various positions at its Dundalk and Dublin offices.
PayPal established a special business unit to support its entry into the cryptocurrency market earlier this year. It allows customers to buy Bitcoin (BTC), Ethereum, Bitcoin Cash (BCH), Litecoin(LTC) and Bitcoin Cash (BCH).
The company expanded its offerings in March to enable U.S. clients to use their digital assets to pay for goods, services and other items. Later PayPal claimed that it would allow customers to withdraw their cryptocurrencies into third party wallets.
In April, PayPal chief executive Dan Shulman claimed that his crypto business had surpassed all expectations in the first six months.
Shulman also indicated that PayPal would soon be expanding its cryptocurrency trading service to the UK. He said that improvements to speed up payments are in development.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.