Paypal opens cryptocurrencies to U.S. customers

Paypal, the global online payment giant, has announced starting today, all customers in the U.S. can buy, sell and hold cryptocurrencies like Bitcoin. Due to strong demand, Paypal is lifting its weekly limit from $10,000/week to $20,000/week. The news follows this year’s raft of U.S. regulation changes in favor of cryptocurrencies and large financial firms announcing Bitcoin funds and investment vehicles. Bitcoin has surged to over $16,000 this week, hitting a 3 year high since its $20,000 all time high in December of 2017. Read more here: https://techcrunch.com/2020/11/12/paypal-says-all-users-in-u-s-can-now-buy-hold-and-sell-cryptocurrencies/