According to information disclosed by Ana Paula Pereira columnist of the cryptocurrency news portal, the giant PayPal launched a new crypto gateway, while Franklin Templeton joins the race of BTC ETFs, in this sense if you are interested in the information join me in these lines.

Pereira highlighted that "fintech giant PayPal is quietly and consistently moving forward in the crypto space, launching features and establishing key partnerships to advance its digital asset strategy".

It was also mentioned that "PayPal introduced new cryptocurrency deposit and withdrawal ramps for its US customers, a notable step for the country, especially as many cryptocurrency exchanges have struggled to support conversions between fiat currency and cryptocurrencies since the US Securities and Exchange Commission began its controversial crackdown on the industry."

The truth is, "PayPal continues to expand its digital asset services, integrating new methods for selling cryptocurrencies such as Bitcoin. The payments giant introduced new deposit and withdrawal lanes for Web3 payments on 11 September, allowing users in the US to convert their cryptocurrencies into US dollars directly from their wallets into their PayPal balance".

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SOURCES CONSULTED

Cointelegraph. Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more. Link

OBSERVATION:

The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cointelegraph

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