When PayPal allowed users in the United States and Britain to buy bitcoin or accept it for payments, it became one of the highest-profile examples of a major financial institution promoting cryptocurrency, helping to propel bitcoin to its record high last November.
Edwin Aoki, CTO of PayPal’s blockchain, crypto and digital currencies unit, speaking at a PayPal event in Sydney.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
