Payment company PayPal has announced the creation of an interdisciplinary advisory board on blockchain, cryptocurrencies and digital assets. The structure should provide support for the firm’s “current and future products” in the industry, the company said in a statement.

PayPal said cryptocurrencies have the potential to provide “enhanced access to financial services” and it is important to engage with “the world’s best leaders” to enable these opportunities.

PayPal senior vice president and general manager Jose Fernandez da Ponte became the head of the council.

The company opened the ability to buy/sell BTC and several other cryptocurrencies to US users in 2020.