PayPal Enables US Businesses to Buy, Sell, and Hold Cryptocurrency
PayPal has officially enabled businesses in the United States to buy, sell, and hold cryptocurrency. Business merchants will now be able to execute various crypto transactions directly from their PayPal business accounts. The functionally is now available in 49 of the 50 states, only excluding New York. The move marks yet another step into the digital asset sector for the digital payment platform. Moreover, the development is a step towards increasing the potential adoption of the asset class within the United States. JUST IN: PayPal enables US businesses to buy, sell, and hold cryptocurrency. — Watcher.Guru (@WatcherGuru) September 25, 2024 Also Read: PayPal Announces New Partnership With Crypto Bank Anchorage PayPal Announces US Businesses Can Buy and Trade Crypto Few traditional finance entities have been as outspoken in their advocacy of crypto as PayPal. The platform launched its very own PYUSD stablecoin earlier this year. Now, they are taking a massive step forward for Uni...