There are multiple sources in the market that PayPal buys Crypto Custody Firm Curv. The Crypto market has been seeing a dip for so long, and there is, at the moment, no hope of seeing a bullish market again. The bear market has set new lowest records, and many of the key investors are now pulling out their money. In this dire situation, PayPal buying yorkbased curvallisoncoindesk has given new hope and people to invest in crypto again.
The selling price for Curv is 500$ Million, and there is even a source from within a digital asset that has confirmed that as well. Many of the crypto investors or the users that follow crypto news have been saying the same, that PayPal has made an entrance into the crypto market. However, no such thing has been confirmed by the PayPal team itself.
There were some rumors, too, that PayPal would fine users $2500 for any misinformation, but then it was deemed as an error, and PayPal management confirmed that there wouldn’t be any fines on the users and there is no such thing in their policies as well. Many have taken this very seriously, and we have seen some backlash on social media as well.
Read More at:
https://www.coindesk.com/business/2021/03/02/paypal-to-buy-crypto-custody-firm-curv-sources/
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