 On September 2014 this year, Scott Ellison, Senior Director Corporate Strategy, PayPal declared in a blog that limited and cautious support is to be given to bitcoin, cloud digital currency "To be clear, today’s news does not mean that PayPal has added Bitcoin as a currency in our digital wallet or that Bitcoin payments will be processed on our secure payments platform. PayPal has always embraced innovation, but always in ways that make payments safer and more reliable for our customers. Our approach to Bitcoin is no different. That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop." Read the full story on >> PayPal and Virtual Currency |