**News Flash: PayPal Expands Crypto Services to Business Clients in the U.S.**
PayPal is stepping up its game in the crypto world! đ The payments giant announced that U.S. business clients can now buy, hold, and sell cryptocurrencies directly from their accounts. This move follows the company's successful rollout of similar features for retail users via PayPal and Venmo.
- **Business Demand:** "Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers," said Jose Fernandez da Ponte, PayPal's SVP of blockchain, cryptocurrency, and digital currencies.
- **New Features:** U.S. merchants can now transfer cryptocurrency to eligible third-party wallets.
- **Exclusions:** The service is currently unavailable to business clients in New York State due to regulatory constraints.
What do you think about this expansion? Share your thoughts in the comments!
