Thursday, October 22, 2020

PayPal has obtained a virtual currency license and will allow users to buy, sell and hold virtual currency

 The American payment platform Paypal has obtained a cryptocurrency license approved by the New York State Department of Financial Services. PayPal users will be able to buy, sell and hold Bitcoin and other virtual currencies on the platform, including Ethereum, Litecoin and Bitcoin Cash. PayPal stated that its goal is to "increase consumers' understanding and use of cryptocurrencies."

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