PayPal says yes to Bitcoin, cryptocurrency soars to 2019 highs
PayPal officially enters the world of cryptocurrencies and the Bitcoin flies to the highs of recent months. The internet and e-commerce platform for digital payments has announced that it will allow its customers to trade and use cryptovalute digital on its platform, including the Bitcoin, Ethereum e Litecoin. Opening up to Bitcoin and its siblings makes PayPal one of the largest payments players in the world to provide consumers with access to cryptocurrencies.
After the integration of the “bit Flyer” exchanger, announced about a month ago, therefore, the Californian company has secured the first cryptocurrency license conditioned by the New York State Department of Financial Services and is now ready to enable the functionality for on its application the purchase and sale of major digital currencies, including, as mentioned, Bitcoin, Ethereum, Bitcoin Cash and Litecoin. But the news does not end here. For 2021, PayPal also has in mind to offer the option of use virtual currencies to make purchases in over 26 million businesses around the world.
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