PayPal has begun assembling a cryptocurrency team in Ireland to help lead its charge into the terrain.
The payment platform has kickstarted employment processes to fill crypto-related positions for its Dublin and Dundalk offices.
According to social media Irish Independent, PayPal is seeking to hire compliance anti-money laundering experts.
PayPal started supporting an exclusive list of cryptocurrencies including bitcoin in 2020. As a follow-up, the firm introduced its crypto and blockchain business unit earlier this year.
A Cointelegraph article back in April reported that the demand for Paypal’s cryptocurrency offering exceeded the company’s expectations. I guess it explains why they’re looking to explore the industry even more.