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That is decentralized crypto trading: send money in PayPal to a person, and he promises to give you Bitcoin in exchange. In that case there's no way for PayPal
by xiphias2 6y ago
That is decentralized crypto trading: send money in PayPal to a person, and he promises to give you Bitcoin in exchange. In that case there's no way for PayPal to know if sending Bitcoin took place or not.
If Paypal verifies both transactions (Bitcoin and fiat), this problem goes away, and all KYC laws are followed.