Independent Reserve Partners with PayPal for Crypto Banking
Australian crypto exchange Independent Reserve has partnered with PayPal to offer an on-ramp for customers to fund their crypto accounts directly with fiat from their PayPal wallet. The partnership provides investors with more choice and mitigates the risks of increasing bank restrictions against crypto exchange payments. The collaboration marks the first example of a partnership between PayPal and a cryptocurrency exchange in the APAC region. Independent Reserve CEO Adrian Przelozny praised PayPal for taking a positive approach to the crypto industry, in contrast to the risk-averse stance of traditional banks.
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