PayPal Enables Bitcoin Buying and Selling In Britain

PayPal Enables Bitcoin Buying and Selling In Britain



On Monday payments giant PayPal launched new services allowing customers in the U.K. to buy, hold, and sell Bitcoin and other cryptocurrencies. The service will be available to personal accounts, not business accounts, that have verified their identity with the platform.

Jose Fernandez da Ponte, Vice President and General Manager of Blockchain, Crypto and Digital Currencies at PayPal commented, “The pandemic has accelerated digital change and innovation across all aspects of our lives — including the digitisation of money and greater consumer adoption of digital financial services.”



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