PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
Banks in Israel and around the world are restricting business relationships with what they consider to be risky clients.
Customers will be able to buy and sell crypto on Venmo for a fee starting from $1.
Customers can choose between bitcoin, ether, litecoin and bitcoin cash.
The U.S. Consumer Financial Protection Bureau is probing the social payments app, according to Reuters.
PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.