The payment company PayPal today announced the opening of access to cryptocurrencies to users in the United States.
"We are pleased to announce that all eligible account holders in the United States can now buy, hold, and sell cryptocurrency directly through PayPal," the company writes.
PayPal CEO Daniel Shulman said in early November that The service's customer base is showing significant interest in cryptocurrency-related opportunities, and the number of users who joined the waiting list exceeded his own expectations.
"In light of our customers' initial demand, we have also increased the weekly limit for buying cryptocurrencies from $10,000 to $20,000, " PayPal adds.
For the first time, PayPal officially announced Its intention to open access to cryptocurrencies to customers in October. Shulman also reported that PayPal is in talks with Central banks and regulators to find new users who might be interested in digital currency wallets.
Earlier, Circle CEO Jeremy Aller spoke about the first experience of buying bitcoin via PayPal.
As a reminder, PayPal users will only be able to interact with cryptocurrencies within the service. Currently, you can't withdraw them to third-party wallets.
Photo: 360b