coindesk has reported that Paypal is buying Israel-based Curv. Calcalist, an Israeli news outlet had previously reported that Curv was being sold, although dollar amounts between news agencies seem to vary between 200 million and 500 million. Coming on top of several other newsworthy adoptions stories over the last few weeks may positively impact the stability of Bitcoin and cryptocurrencies.
Curv secures storage of cryptos and supports both flow and wallets. This seems like a perfect fit for Paypal. But more importantly, it seems to be an industry trifecta when considered to the moves that both Visa and Mastercard are making.
