PayPal Embraces Bitcoin

In a major boost for Bitcoin and other leading cryptos, digital payment company PayPal is introducing the ability to buy, hold and sell cryptocurrencies and plans to significantly increase their utility by making them available as a funding source for purchases at its 26 million merchants worldwide from early 2021. The move is likely to increase the mainstream acceptance of digital currencies around the world.

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Further Reading

PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency
Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US
PayPal Just Gave 346 Million People A New Way To Buy Bitcoin—But There’s A Nasty Catch