On Friday, November 13, PayPal announced that all users of the service in the United States will be able to purchase cryptocurrencies directly from their accounts.
The feature was already partially available in the U.S., but PayPal had put in place a waiting list. With the new information, stakeholders will no longer have to wait.
In addition, PayPal reports that due to initial demand from its customers, it is raising the weekly cryptocurrency purchase limit from $10,000 a week to $20,000 a week.
By next year, PayPal plans to allow users to make purchases through PayPal with cryptocurrencies.