Paypal adds to list of crypto heavy hitters on the TRUST network

2022.08.23 14:14

Paypal adds to list of crypto heavy hitters on the TRUST network

Crypto-friendly digital payments giant Paypal has been added to the Travel Rule Universal Solution Technology (TRUST) network, joining a host of big names in crypto that have moved to comply with digital asset travel rules.

The announcement comes two months after the payments giant rolled out infrastructure enabling users to transfer, send and receive digital assets between PayPal (NASDAQ:PYPL) and other wallets and exchanges in June this year. Prior to that, users were only able to buy and sell crypto within Paypal following the firm’s initial jump into the sector in October 2020.

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