Oct 21, 2020
PayPal allows Bitcoin and crypto spending
PayPal has entered the cryptocurrency market, announcing that its customers will be able to buy and sell Bitcoin and other virtual currencies using their PayPal accounts. PayPal plans to roll out buying options in the US over the next few weeks, with the full rollout due early next year. All could be stored "Directly within the PayPal digital wallet", the company said. PayPal has one of the largest merchant networks in the world. PayPal has been granted permission for its operation from the New York State Department of Financial Services, in the form of a conditional "Bitlicence" - the first such licence granted.
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