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N , the payments company led by Twitter boss Jack Dorsey, has been offering crypto buying and selling in its increasingly popular P2P payment app Cash since Online brokerage Robinhood Markets Inc has been offering crypto trading since and has seen overall business boom this year. PayPal was a founding member of Libra but dropped out after a few months. Then the question is, would someone want to use it for merchant transactions, which is more of an unknown. Large companies from computer maker Dell Inc [DI. Through the move PayPal is also broadening the suite of products within its wallet, reflecting a winning strategy by Chinese rival Ant Financial, whose popular Alipay digital wallet includes services such as payments, loans and insurance. O have announced plans to accept digital assets over the past 10 years, but none have prompted large-scale adoption by cryptocurrency users as a means of payments. By making settlement happen through traditional, or fiat, currencies, it also allows merchants to avoid exposure to volatility risk when accepting cryptocurrency payments. The real question, however, is whether people will actually want to spend their cryptocurrencies, which are seen by many as a store of value, experts said. The company said it hoped the service would help cryptocurrencies become more useful, while readying its network for the emergence of more mainstream digital coins. Plans have been spurred on by the prospect of privately-issued tokens such as Facebook's FB. But that association might benefit PayPal more than cryptocurrencies, other experts suggested. The California-based company plans to expand the service to Venmo, its peer-to-peer payment app popular with younger consumers, by the first half of next year. PayPal Chief Executive Dan Schulman said ahead of the launch that the company was working with regulators on central bank digital currencies. O Libra gaining wide traction.

Anna IrreraTom Wilson 6 分で読む LONDON Reuters - PayPal Game cash paypal Inc's PYPL. O decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.

Such coins are a world away from the ethos of bitcoin, which sought to subvert the financial establishment by doing away with a central issuer or authority. FILE PHOTO: The PayPal logo is seen during an event at Terra Gallery in San Francisco, California May 21, It is also likely to prepare the company for game cash paypal advent of mainstream digital coins, like those that could be developed by central banks, they added.

Reporting by Anna Irrera and Tom Wilson in London; Editing by Rachel Armstrong and Pravin Game cash paypal.

account holders to hold cryptocurrencies and shop with them at its 26 million merchants. UL] to travel site Expedia Group Inc EXPE.