Beginning this week, residents of the United Kingdom will be able to buy, hold and sell cryptocurrencies through PayPal (NASDAQ:PYPL) for the first time — marking a significant milestone for a company that began offering digital asset services less than a year ago.
The global payments provider announced Sunday that U.K. customers will soon have access to Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) through PayPal’s website and mobile app. The announcement marks the first expansion of PayPal’s cryptocurrency services beyond the United States — a service that first launched in November of last year.