PayPal integration bridges fiat-crypto gap for bitFlyer Europe users
The European subsidiary of bitFlyer, one of the largest Japanese cryptocurrency exchanges,has integrated PayPal deposits to their platforms. The official announcement calls bitFlyer’s integration with the internet payment giant a significant move in bridging the gap between the fiat and cryptocurrency world for European users.
As PayPal has a worldwide user base of more than 340 million and handles almost 35% of all eCommerce transactions in Europe, it may expose a wide number of European netizens to bitFlyer exchange and also cryptocurrencies in general. Alongside bitFlyer’s move to expand into the United States and Europe, it’s quite evident that even PayPal is gearing up to innovate using cryptocurrencies and blockchain.