PayPal Keeps Holding Bitcoin (BTC), Ethereum (ETH): Hundreds of Millions of USD

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PayPal Keeps Holding Bitcoin (BTC), Ethereum (ETH): Hundreds of Millions of USD
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.PayPal giant is holding an astonishing amount of $BTC, $ETH, $LTC, $BCH. WuBlockchain

, which embraced crypto two years ago, allowing its clients first to buy and store and then to move crypto to third-party wallets, keeps working with cryptocurrencies, holding more than half a billion worth of U.S. dollars in crypto.

According to Form 10-K submitted to the U.S. Securities and Exchange Commission by PayPal, as of Dec. 31, the company holds a cumulative $604 million worth of four main digital currencies, Bitcoin , Ethereum , Litecoin and Bitcoin Cash , in its clients' wallets. In particular, the amount of Bitcoin held by PayPal equals $291 million and $250 million in Ethereum. The rest is Litecoin and Bitcoin Cash.

As of Dec. 31, PayPal held a combined $604 million in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash for its customers. Among them, Bitcoin is $291 million and Ethereum is $250 million.

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