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PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto

  • PayPal is now allowing U.S. business accounts to buy, hold, and sell cryptocurrencies.
  • The move comes as PayPal sees an increase in demand from merchants to offer crypto options.
  • PayPal also plans to enable U.S. sellers to transfer cryptocurrency to other qualified wallets.
  • However, the service is not yet available for business clients in New York due to strict regulations.

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