Payments giant PayPal Holdings Inc. (NASDAQ:PYPL) unveiled its plan to extend cryptocurrency services to U.S. business account holders, with the exception of New York State.
What Happened: As per a press release issued on Tuesday, the latest move would enable U.S. merchants to buy, sell, and hold cryptocurrency directly from their business accounts.
Furthermore, business account holders would be able to send and receive supported cryptocurrency tokens to and from external blockchain addresses.
However, New York State will be excluded from this service at the time of launch, the press release read.
This initiative is part of PayPal’s ongoing strategy to enhance the usefulness of cryptocurrency by making it …
Full story available on Benzinga.com
Payments giant PayPal Holdings Inc. (NASDAQ:PYPL) unveiled its plan to extend cryptocurrency services to U.S. business account holders, with the exception of New York State.
What Happened: As per a press release issued on Tuesday, the latest move would enable U.S. merchants to buy, sell, and hold cryptocurrency directly from their business accounts.
Furthermore, business account holders would be able to send and receive supported cryptocurrency tokens to and from external blockchain addresses.
However, New York State will be excluded from this service at the time of launch, the press release read.
This initiative is part of PayPal’s ongoing strategy to enhance the usefulness of cryptocurrency by making it …
Full story available on Benzinga.com
Payments giant PayPal Holdings Inc. (NASDAQ:PYPL) unveiled its plan to extend cryptocurrency services to U.S. business account holders, with the exception of New York State.
What Happened: As per a press release issued on Tuesday, the latest move would enable U.S. merchants to buy, sell, and hold cryptocurrency directly from their business accounts.
Furthermore, business account holders would be able to send and receive supported cryptocurrency tokens to and from external blockchain addresses.
However, New York State will be excluded from this service at the time of launch, the press release read.
This initiative is part of PayPal’s ongoing strategy to enhance the usefulness of cryptocurrency by making it …Full story available on Benzinga.com Read More$PYUSD, Cryptocurrency, Fintech, News, Payments Company, PayPal, PYPL, Markets, PYPL, $PYUSD, News, Cryptocurrency, Markets, Benzinga Markets
