PayPal Enters Cryptocurrency Market, To Allow Transactions From 2021
US-based payment processing company, PayPal, on October 21 announced its entry into the cryptocurrency market. The company stated that using its online wallets, customers can purchase and sell bitcoins, which can be used for other transactions from early 2021. Reportedly, PayPal has also received a conditional cryptocurrency licence from the US authorities. The company's CEO believed that it can play an important role in the "digital-currency age".