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May 8 (Xinhua) -- PayPal wants to participate in the transformation process brought about by blockchain and cryptocurrencies, but digitalization is still a distant future, PayPal Chief Financial Officer John Rainey said at Yahoo Finance's First Trade, according to Fxstreet. The PayPal team is clearly working on blockchain and cryptocurrencies and wants to be involved in some form in the future, but it's too early to get involved. For now, PayPal prefers to focus on other growth and profit opportunities.