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Opinion

PayPal Adds Bitcoin: Most Bullish News of the Year?

PayPal will offer its U.S. customers buying and selling of crypto, with support for payments to its merchant network next year.

By Nathaniel Whittemore
AccessTimeIconOct 21, 2020 at 3:21 p.m. UTC
Updated Sep 14, 2021 at 10:21 a.m. UTC
AccessTimeIconOct 21, 2020 at 3:21 p.m. UTCUpdated Sep 14, 2021 at 10:21 a.m. UTC
Breakdown 10.21

AccessTimeIconOct 21, 2020 at 3:21 p.m. UTCUpdated Sep 14, 2021 at 10:21 a.m. UTC

PayPal will offer its U.S. customers the option of buying and selling crypto, with support for payments to its 26 million-strong merchant network coming next year.

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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.

In this late-breaking Breakdown episode, NLW explores:

  • The specifics of the news
  • Why the scale, precedent and normalization are hugely bullish
  • What some skeptics are saying
  • Why it’s significant PayPal is focused on the coming central bank digital currency era

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