PayPal launches crypto buying and selling in the UK – Reuters
- Date: 23-Aug-2021
- Source: Reuters
- Sector:Financial Services
- Country:Middle East
PayPal launches crypto buying and selling in the UK – Reuters
LONDON, Aug 23 (Reuters) - PayPal Holdings Inc (PYPL.O) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday.
The roll-out, which marks the first international expansion of PayPal's cryptocurrencies services outside of the United States, could inspire further mainstream adoption of the new asset class.
With over 403 million active accounts globally, the San Jose, California-based company is one of the largest mainstream financial companies to offer consumers access to cryptocurrencies.
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