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PayPal Seeking Crypto Engineers Amid Alleged BTC Consolidation

PayPal is looking to hire experts in blockchain and cryptography, as the word in the streets is that the international payment system seeks to integrate direct crypto purchases into its more than 300 million users. The roles of the open positions can be accessed publicly through the job board of the firm.

The most exciting opening is a job titled Technical Lead – Crypto Engineer.” The job listing outlines that the candidate will oversee “new initiatives for PayPal global with a focus on agility, time-to-market, and innovation. The role includes designing, developing, and maintaining key crypto products/features targeted towards availability, performance, and scalability of PayPal services.”

The next opening will be for a blockchain research engineer who will perform his duties with PayPal’s research team. These job openings are live on the job boards of the platform. At the same time, the cryptocurrency community is thrilled by the rumors that PayPal is finally set to give in and join the cryptocurrency industry.

The requirements for the position outlines several skills that converge with the development of Bitcoin. Some of the outlined skills include experience with C++, asymmetric cryptography, and cryptographic libraries. Bitcoin consolidation with PayPal might be imminent.

PayPal crypto integration rumors

According to a report by Coindesk, PayPal is planning to launch direct crypto sales to its over 300 million users. In the meantime, PayPal can only be used as a means to withdraw funds from crypto platforms such as Coinbase. Launching direct cryptocurrency sales will be the first of its kind for the global fintech company.

Although PayPal refused to disclose further information on the plan. Moreover, one of the well-placed sources noted that it is not clear how many digital currencies the platform will support. Another source claimed that the buying and selling of cryptos could be launched on the payment platform within the next three months.

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