CandleFocus PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar
2024-12-09
Author: Content Editor
Cryptocurrency exchange Paybis has integrated PayPal into its platform, allowing users in the European Economic Area and the UK to tap into PayPal's 430 million global users. This integration aims to enhance security, accessibility, and ease of use for crypto transactions. At the same time, US President-elect Donald Trump has appointed former PayPal COO David Sacks as his "White House A.I. & Crypto Czar" as part of his efforts to reshape US policy on digital currency. This appointment, along with other officials from regulatory bodies, is expected to influence the future of US cryptocurrency policy. Trump's tech supporters advocate for minimal regulation in sectors like AI and cryptocurrency, arguing that excessive rules could stifle innovation. Additionally, Bitcoin surpassed the $100,000 all-time price level, prompting Trump to claim credit for the achievement, citing his pro-crypto approach and the appointment of the pro-crypto SEC chair.
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