coindeskAccording to the news of global payment giant PayPal It received a license to provide cryptocurrency services in the UK.
at this point UK Financial Conduct Authority (FCA)allows Paypal UK to engage in certain cryptocurrency activities, while the FCA’s approval means PayPal can offer certain cryptocurrency services and advertise to local customers.
Additionally, PayPal registering to provide crypto services in the UK requires it to comply with FCA anti-money laundering rules.
As you may remember, in August, PayPal announced the payment for its customers in the UK. Bitcoin (BTC) He announced that he had temporarily suspended the service for purchasing cryptocurrencies such as.
At this point, PayPal said in the email it sent to its customers that it would temporarily stop cryptocurrency purchases in the UK as of October 1, 2023.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!