Post
Topic
Board Economics
Re: PayPal to allow cryptocurrency buying, selling and shopping on its network
by
Sithara007
on 03/11/2020, 17:40:28 UTC
In this article it says PayPal will first launch its Bitcoin and other crypto trading service first in the U.S, over the coming weeks.

Wow!!! Things are really moving fast. Someone had posted that PayPal is looking forward to make crypto available to the US users sometime by mid-2021. But now it looks as if they will do that much earlier. And also, it is great that they are increasing the weekly limit for cryptocurrency purchases. I can foresee the cryptocurrency prices moving upwards by quite a bit in the near future.

Being a resident of India, I don't expect Indian PayPal users to be enabled with this option anytime soon. But overall, it is great news for adoption of Bitcoin. This is just the trigger that we were waiting for.