https://www.pymnts.com/cryptocurrency/2020/paypal-eyes-buying-crypto-firm-bitgo-others/
The move would help PayPal boost its embrace of digital coins. The company recently announced that users can buy, sell and hold digital coins including bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, and also use that money to shop at any of the merchants in its network by early next year, Bloomberg writes. With that announcement, bitcoin surged past $13,000 for the first time since July of last year.
According to sources quoted by Bloomberg, PayPal has had discussions with BitGo, which helps store bitcoin in a safe manner. A deal might be reached in the coming weeks, though nothing has been set in stone yet and talks might collapse. PayPal might also go with another target to purchase.
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