Google Hires PayPal Veteran as Part of Crypto Push: Report

Posted on by American Coins & Gold

Google Hires PayPal Veteran as Part of Crypto Push: Report
Alphabet’s Google has hired former PayPal executive Arnold Goldberg to run its payments division after previously retreating from a push into banking, according to a Bloomberg report.Goldberg’s hire is part of a broader strategy for the company to incorporate a wider range of financial services, including cryptocurrencies, Google’s president of commerce Bill Ready told Bloomberg. Google has historically avoided offering crypto as part of its financial services.Google didn’t immediately respond to CoinDesk’s request for comment.In the fall, crypto platform Bakkt said its virtual Visa debit card would be available for use on Google Pay online and in stores. Bakkt’s Google…