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PayPal Holdings Inc. (NYSE:PYPL) Enters Cryptocurrency Industry By Allowing Buying And Selling …

PayPal Holdings Inc. (NYSE:PYPL) Enters Cryptocurrency Industry By Allowing Buying And Selling Of Crypto

PayPal Holdings Inc. (NYSE:PYPL) is foraying into the cryptocurrency market by allowing its customers to buy and sell cryptocurrencies through their PayPal accounts. Customers can also hold bitcoin and other digital currencies in their online wallets. PayPal is introducing cryptocurrencies to its users Users can spend their virtual currencies to make purchases on over 26 million merchants on the PayPal network that accept PayPal.