[2016-01-13] PayPal Adds Bitcoin Startup CEO to Board of Directors

[tyz]

Xapo CEO Wences Casares has been appointed to PayPal’s board of directors, the pioneering online payments firm announced today. The former founder of digital wallet firm Lemon Inc, acquired by LifeLock in 2013, Casares would go on to launch bitcoin security startup Xapo, which has raised more than $40m in two public funding rounds.
http://www.coindesk.com/paypal-xapo-wences-board-directors/

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[Tacalt]

Does it mean Paypal is getting more serious to integrate bitcoin into its payment system. If so, it is good.

[Hazir]

Does it mean Paypal is getting more serious to integrate bitcoin into its payment system. If so, it is good.

Perhaps, but this is nothing sure. CEO of Xapo wallet in board of Paypal is certainly thought provoking fact. I hope that means that Bitcoin adoption by Paypal are incoming, but it could be either song of the future.
Or it means they are thinking of integrating blockchain technology to use it in Paypal.