PayPal Discloses $1B In Crypto Assets, Draws Criticism From Binance CEO: ‘4’

PayPal Holdings Inc (NASDAQ:PYPL) on Tuesday disclosed in a 10-Q filing with the Securities and Exchange Commission, or SEC, that it holds nearly $1 billion worth of customer assets in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Bitcoin Cash (CRYPTO: BCH) and Litecoin (CRYPTO: LTC) on its balance sheet. What Happened: However, not everyone in the cryptocurrency community seems impressed with this disclosure, as Binance CEO Changpeng Zhao, popularly called as “CZ,” took to Twitter to express his dissatisfaction.