PayPal USD

PayPal has added a <a href="https://newsroom.paypal-corp.com/2024-09-25-PayPal-Enables-Business-Accounts-to-Buy,-Hold-and-Sell-Cryptocurrency" rel="noopener noreferrer nofollow">new feature</a> that enables business accounts in the US. to purchase, store and sell digital currencies. This comes after PayPal had earlier released similar services to consumers in the year 2020. Users in New York State will not be able to access the service at launch. This is because of the regulations that limit access to the market.This feature has been developed to address raising demands from the business owners. Some have called for the same cryptocurrency capabilities available to consumers. Earlier, such services were available only to individual consumers through PayPal and Venmo.The Senior Vice President of Blockchain, Cryptocurrency and Digital Currencies at PayPal, Jose Fernandez da Ponte, noted the increasing demand from business owners for these services. He said the merchants have asked for similar cryptocurrency functionality as the ordinary users. He expressed excitement to embrace this need and help businesses to facilitate the use of digital currencies without a hassle.Another feature that will be enabled by PayPal is allowing merchants to send cryptocurrency to other third-party eligible wallets. This new function increases the wider versatility of companies regarding their digital resources. Business account holders can now execute external transfers, enabling the use of blockchain-based transactions.<a href="https://cryptotale.org/paypal-introduces-crypto-services-for-u-s-business-accounts/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

PayPal Introduces Crypto Services for U.S. Business Accounts

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