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PayPal to support cryptocurrency for all online payments

The Siasat | 24/10/2020 12:51 PM | Click to read full article

PayPal has announced to support cryptocurrencies for the first time, allowing any PayPal account holder to store, buy, and sell popular virtual currencies starting later this year.

PayPal competitor Square launched support for bitcoin back in 2018 through its Cash app (Square also purchased $50 million worth of bitcoin earlier this month), but now PayPal is going further in supporting bitcoin, Ethereum, Bitcoin Cash, and Litecoin.