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Bitcoin Flies as PayPal Boards the Crypto Express

2 mins
Updated by Ryan Smith
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In Brief

  • PayPal has announced that it will allow users to buy, sell and hold crypto from January 2021.
  • The service exists for US users through a partnership with Paxos and a one-of-a-kind Bitlicense from the NYDFS.
  • PayPal believes that digital currencies, and specifically CBDCs, are the future.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...