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PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg

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(Mario Hommes/DeFodi Images via Getty Images)

Kevin Reynolds

PayPal is exploring purchases of cryptocurrency companies including bitcoin custodian firm BitGo, Bloomberg reported, citing people familiar with the matter.

  • The news comes a day after the payments giant announced it’s entering the cryptocurrency market.
  • A BitGo spokesperson declined to comment on the report.

This story is developing. It will be updated as more is known.

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