PayPal is not likely to purchase digital currencies like bitcoin, though the company does see enormous opportunity in the digital wallet space.In a look on CNBCs “Mad Money” Thursday, PayPal Chief Financial Officer John Rainey said the payments giant has no interest in purchasing cryptocurrency, instead preferring to invest in services that are additive to the platforms it uses. In December, PayPal CEO Dan Schulman called digital wallets a “natural complement to digital currencies” and stated the business serves 360 million digital wallets.PayPal does have exposure to the crypto market. Earlier Thursday, Uber CEO Dara Khosrowshahi stated that the topic was discussed however that the business ultimately decreased to invest in the digital currency.Schulman, who appeared along with Rainey in the “Mad Money” interview, said PayPal grew complimentary cash low by 48% in 2020 to $5 billion.

PayPal is not most likely to buy digital currencies like bitcoin, though the business does see enormous opportunity in the digital wallet space.In a look on CNBCs “Mad Money” Thursday, PayPal Chief Financial Officer John Rainey said the payments giant has no interest in buying cryptocurrency, rather choosing to invest in services that are additive to the platforms it uses. In December, PayPal CEO Dan Schulman called digital wallets a “natural complement to digital currencies” and stated the company serves 360 million digital wallets.PayPal does have direct exposure to the crypto market. That followed a rise in interest for dogecoin, the digital coin that was blessed by Tesla CEO Elon Musk on his Twitter page.Teslas relocation to invest in bitcoin triggered marvels in the financial investment neighborhood if other business would follow in the carmarkers steps. Earlier Thursday, Uber CEO Dara Khosrowshahi said that the subject was talked about but that the business eventually decreased to invest in the digital currency.Schulman, who appeared alongside Rainey in the “Mad Money” interview, stated PayPal grew free money low by 48% in 2020 to $5 billion.

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