Connect with us

Business

PayPal Pledges to Bring Crypto to 26M Merchants, Confirming Market Entry – CoinDesk – CoinDesk

The New York Department of Financial Services license allows PayPal to offer cryptocurrency services through a partnership with Paxos.

Published

on

post featured image
ADVERTISEMENT

Crypto just got a shot at going mainstream in 2021. 

  • In a press release this morning, PayPal said buy, sell and hold features would be live within the next few weeks but some users, the features are already available.
  • PayPal’s implementation does not allow bitcoin or other tokens to be withdrawn. Once you buy or deposit, the service is your crypto bank until you sell.
  • Initially the service supports Bitcoin, Ethereum, Bitcoin Cash and Litecoin
  • This is a developing story, stay tuned for updates with…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
NVIDIA: The Next Trillion Dollar Company? – The Motley Fool
Article feature image
The New Test for Central Bankers’ Cool: Booming House Prices – The Wall Street Journal
Article feature image
Jeep Grand Cherokee L arriving in showrooms to expand brand’s reach – CNBC