PayPal to allow cryptocurrency buying, holding and selling for US merchants
- Posted on September 25, 2024
- By Google News
- 4 Views
PayPal to allow cryptocurrency buying, holding and selling for US merchants
Cryptocurrency has moved from being a nascent asset class towards greater market acceptance after bitcoin exchange traded funds were approved for listing by the U.S. SEC earlier in the year. "Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers," said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies at PayPal.