Key Takeaways
- PayPal opens crypto job position in Ireland
- Crypto Specialists wanted by the financial payment giant
- PayPal CEO states that more customers are turning to digital assets
Local media reported that the US financial giant had listed several job offers for a dedicated crypto team in its Irish offices. According to the report, some of the roles include crypto specialists in financial legislation, AML, and cybercrimes.
Successful applicants will be recruited and expected to work under the dedicated cryptocurrency department. In addition, PayPal is also recruiting crypto specialists globally to work in its US, Singapore, Hong Kong, and Guatemala offices.
This aggressive recruitment policy is understood to be part of the company’s plans to provide comprehensive crypto services. PayPal has continued to trail blaze in the crypto industry following the introduction of crypto payments in late 2020.
The company has introduced new crypto assets in recent months, expanding the options for customers to purchase cryptocurrencies. PayPal had faced criticism with its crypto services since users could only buy cryptocurrencies and could not send crypto-assets to external wallets.
However, it recently revealed that crypto users would soon withdraw their assets to external wallets. As expected, the company has experienced growth, with more users purchasing crypto assets on its platform.
This sentiment is expressed by CEO Dan Schulman, who stated that the financial giant had surpassed expectations. In addition, he believes that customers have shown interest in digital assets leading to massive growth in its crypto services.
The latest job recruitment activity shows that PayPal intends to leverage growing interest by taking a significant foothold in the crypto industry. Institutional adoption is seen as a significant catalyst for the crypto industry, and PayPal has done its fair share of promoting digital assets.
Do you think the new move by PayPal will further increase the upsurge in cryptocurrency?
