PayPal has announced that US businesses can now buy, hold, and sell cryptocurrency directly through their PayPal business accounts. This move marks a significant step in the company’s strategy to expand cryptocurrency’s role in everyday business transactions across the United States.

In a Sept. 25 announcement, Payment giant PayPal revealed that PayPal Business accounts now have the ability to buy, sell, and trade crypto directly from their PayPal accounts. The new functionality will be available across the United States for all US merchants except those in New York.

Financial giant PayPal says it’s giving US merchants the chance to purchase, hold, and even go on selling crypto directly through the platform’s business accounts. The firm also sheds light on how it allows business account holders to send and receive any related tokens from the crypto world to blockchain accounts.

Online Payment system, PayPal is allowing U.S. merchants to buy, hold and sell cryptos directly from their PayPal business accounts.

Global payments behemoth PayPal has announced that it will allow US business account customers to buy, hold and sell cryptos directly from their accounts.

PayPal enables US business accounts to buy, hold and cell crypto. Service will initially be unavailable to users in New York State. PayPal has expanded the feature that allows consumers to buy, hold and sell cryptocurrencies in the US to business accounts.

PayPal announced it is enabling U.S. merchants to buy, hold, and sell cryptocurrency directly from their PayPal business accounts.

PayPal launches new services for US businesses, allowing merchants to buy, sell, and store cryptocurrencies directly from their accounts.

PayPal now lets US business account holders buy, sell, and manage cryptocurrency, enhancing financial flexibility.

PayPal Holdings Inc. will now permit merchants to buy, hold and sell cryptocurrency from their business accounts, expanding on the payments firm’s already-available consumer offerings.

PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts. The payments giant aims to increase cryptocurrency's utility, which was moved from being a nascent asset class towards greater market acceptance after bitcoin exchange-traded funds were approved by the U.