PayPal enables US business accounts to buy, hold, sell, and transfer cryptocurrencies.

PayPal has expanded its cryptocurrency services to allow U.S. business accounts to buy, hold, sell, and transfer digital currencies directly from their accounts. This move aims to enhance cryptocurrency accessibility for merchants, responding to growing demand. However, this service is not available for businesses in New York State at this time. This initiative follows PayPal's recent launch of its stablecoin, PayPal USD, earlier in 2023.

September 25, 2024
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