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The Launch of PayPal's Massive Cryptocurrency Service Is Imminent

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The Launch of PayPal's Massive Cryptocurrency Service Is Imminent

PayPal is about to launch its cryptocurrency service for merchants across the US, according to Reuters. It is set to announce today that it’s service has gone live and will be rolled out to its 29 million merchants across the next few months.

“This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet,” PayPal CEO Dan Schulman told Reuters.

This story is breaking and will be updated shortly.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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