Express

PayPal to Launch Crypto Services for Users of Its Platform Globally Early 2021

Amy Liu

Summary: PayPal CEO, Dan Shulman, said in the firm’s Q3 2020 earnings call that PayPal will increase its weekly crypto purchase limit from $10,000 to $15,000. He also revealed PayPal’s virtual currency services will be made available to international customers, alongside launching on its mobile payments app Venmo, during the first half of next year. “Over the course of next ...

PayPal CEO, Dan Shulman, said in the firm’s Q3 2020 earnings call that PayPal will increase its weekly crypto purchase limit from $10,000 to $15,000. He also revealed PayPal’s virtual currency services will be made available to international customers, alongside launching on its mobile payments app Venmo, during the first half of next year. “Over the course of next year, you’ll see us move into a couple of different areas,” the CEO added. The company will explore central bank digital currencies.

By Amy Liu

Last Update:

Tags: ,,
Link: PayPal to Launch Crypto Services for Users of Its Platform Globally Early 2021   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 10 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 14 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 29 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.