Morgan Stanley: PayPal transaction is good for accepting crypto but won't increase company profits

2020-10-23 03:53
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Morgan Stanley analysts in an Oct. 22 statement said Morgan Stanley researchers in the report could benefit more from PayPal's pledge to support cryptocurrency, raising capital to 26 million investors, rather than to increase the company's profits.

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Morgan Stanley: PayPal Move Helps Benefit Cryptocurrency But Cannot Offer Business Benefits
According to CoinDesk on October 22, analysts at Morgan Stanley said in a statement that PayPal had pledged to support the cryptocurrency as a financial investment for 26 million traders, which came to support the growth of the cryptocurrency. .
2020-10-23 03:53