October 21, 2020 Paypal granted BitLicense.

PayPal confirmed today that it has been granted a Virtual Currency Business license, or BitLicense, by the New York Department of Financial Services. The payments services intends to support the purchase and sale of BTC, ETH, LTC, and BCH. However, users will only be able to buy and sell these cryptoassets and will not be able to send them to or receive them from other wallets.

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