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Bitcoin Flies as PayPal Boards the Crypto Express

2 mins
21 October 2020, 15:12 GMT+0000
Updated by Ryan Smith
21 October 2020, 15:18 GMT+0000
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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