Paybis, a cryptocurrency exchange and onramp provider, has
integrated PayPal, a widely used online payment system, into its platform to
enhance security, accessibility, and ease of use for crypto transactions.

At
the same time, US President-elect Donald Trump announced the appointment of
former PayPal Chief Operating Officer, David Sacks, as his “White House
A.I. & Crypto Czar.”

Paybis Integrates PayPal for Crypto

The service is currently available in the European Economic
Area (EEA) and the UK, excluding Hungary, Croatia, and Iceland. Paybis plans to
expand to new regions based on market demand and regulatory compliance.

This
integration allows users to tap into PayPal’s 430 million global users and its
familiar interface, simplifying crypto purchases for newcomers.

Compared to traditional payment methods like credit and
debit cards, PayPal’s infrastructure offers higher reliability and a better
transaction success rate, often avoiding the fraud checks, user errors, and
bank declines that hinder other methods. This contributes to increased user
confidence when buying cryptocurrencies on Paybis.

Trump Claims Credit for Bitcoin Surge

The appointment of Sacks is part of Trump’s effort to
reshape US policy on digital currency. His incoming administration, including
officials from the Securities and Exchange Commission and the Commodity Futures
Trading Commission, is expected to influence the future of US cryptocurrency
policy.

Trump’s tech supporters advocate for minimal regulation in sectors like
artificial intelligence and cryptocurrency, arguing that excessive rules could
stifle innovation.

Bitcoin
surpassed the $100,000 all-time price level last week, a milestone that
stirred the crypto
community and elicited a response from President-elect Trump, as reported
by Finance Magnates.

Trump took to his social media platform, Truth Social, to
claim credit for the achievement, which he suggested was partly driven by his
appointment of pro-crypto SEC chair, Paul Atkins.

“CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!!
Together, we will Make America Great Again!” Trump wrote, attributing the
cryptocurrency’s historic surge to his administration’s pro-crypto approach.

This article was written by Tareq Sikder at www.financemagnates.com.

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