International payment gateway PayPal announced on Friday that its UK clients can now purchase, hold and sell cryptocurrencies.
"We are delighted to share that all eligible customers in the UK can now buy, hold and sell #Cryptocurrencies #Bitcoin, #Ethereum, #BitcoinCash & #Litecoin from their PayPal account. Look out for it in the PayPal app," the company tweeted.
In late August, the payment processor unveiled its plans to expand its cryptocurrency services outside the United States, where it has been available since last October.
PayPal is the world’s largest debit e-payment system and the pioneer of the digital payment revolution. The PayPal platform boasts over 400 million users in more than 200 markets.