PayPal to start letting US customers pay in Bitcoin at global merchants

Cointelegraph

Published Mar 30, 2021 06:36AM ET

Updated Mar 31, 2021 08:20AM ET

Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement.

News broke regarding PayPal’s rumored decision to accept cryptocurrencies early on March 30. Later in the day, the firm’s CEO, Dan Schulman, confirmed to Reuters that the rumors were true and that an official statement would be released imminently.

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