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PayPal is bringing its new cryptocurrency support to all US accounts. It first announced its intention to open cryptocurrency trading to US-based users in October, but so far it has only been available to a small subset of PayPal account holders. . That is changing now, however, as PayPal says all eligible users can start buying, selling, and holding bitcoin, litecoin, ethereum, and bitcoin cash.
Starting next year, PayPal also plans to introduce cryptocurrency into Venmo and will allow users to pay merchants with their cryptocurrency holdings (digital currency will be converted to fiat currency). The company has not detailed its plans to make cryptocurrency trading available in other countries, but says it will come “to select international markets in the first half of 2021”.
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