Coinbase Enables PayPal Withdrawals, PayPal Launches Internal Crypto

PayPal appears to be warming up to cryptocurrency based on two pieces of important news since the beginning of December 2018. On 14 December, Coinbase, the largest Bitcoin exchange headquartered in the United States, announced that customers in the USA could now instantly withdraw fiat into PayPal for zero fees. A week earlier, it was revealed that the payment processor had launched an internal blockchain and cryptocurrency which incentivizes innovation.

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