23 August 2021

PayPal launches crypto trading in UK 

Written By FinTech Alliance

PayPal launches crypto trading in UK 

PayPal has now launched the ability for customers to buy and sell cryptocurrency. 

In Brief:

UK customers can now buy, sell and hold cryptocurrencies like Bitcoin. 

It previously launched the function in the US earlier this year. 

This is the first extension of the service outside the US.

What does this mean?

It’s thought that the move could prompt mainstream cryptocurrency adoption, since PayPal has over 403mn accounts across the globe. 

Read more here. 

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