PayPal to allow British citizens to buy/store cryptocurrency

International payment service PayPal allows users in the UK to buy, store and sell bitcoins and a number of other cryptocurrencies.

It is noteworthy that PayPal has expanded its cryptocurrency purchase/storage service outside the United States for the first time. The service has been available in the US since October 2020.

The company notes that users will manage four cryptocurrencies, Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The service will be launched next week.

In March of 2021, PayPal launched a cryptocurrency payment function without additional fees and commissions.