According to the latest news we can confirm that PayPal has entered the cryptocurrency market allowing for their customers to buy and sell virtual currencies directly in PayPal account.
These features will be available firstly in US and for US Citizens only within a month or two.
In the EU and other regions this feature will not available yet.
This announcement moved the crypto prices up currently.
Unlike the forecast after the market crash years ago, seems like crypto have future.
There is also a plan to extend this support to VENMO at the next year.
PayPal CEO Dan Schulman said in a statement. “Our global reach, digital payments expertise, two-sided network, and rigorous security and compliance controls provide us with the opportunity, and the responsibility, to help facilitate the understanding, redemption and interoperability of these new instruments of exchange.”