Cryptocurrency Q&A
Why has PayPal stopped crypto?
Why has PayPal stopped crypto?
DiamondStorm
Sun Dec 29 2024
|
5 answers
1085
PayPal has temporarily stopped offering crypto buying services in the UK due to new rules introduced by the Financial Conduct Authority (FCA). The suspension became effective on October 1, 2023, and PayPal anticipates resuming these services in early 2024, although a specific date has not been provided.
Previous
Is it cheaper to buy ETH on MetaMask or Coinbase?
Next
How do you earn passive income with ETH?
5 answers
BlockchainBaron
Tue Dec 31 2024
Despite the suspension, customers can still hold their crypto.
Was this helpful?
179
24
CryptoNerd
Tue Dec 31 2024
PayPal has temporarily suspended its crypto purchasing service.
Was this helpful?
382
20
Giulia
Tue Dec 31 2024
This decision was made while the company updates its system.
Was this helpful?
312
35
Federico
Tue Dec 31 2024
The update is necessary to comply with new UK regulations.
Was this helpful?
81
48
BitcoinBaron
Mon Dec 30 2024
Alternatively, customers have the option to sell their crypto if they wish.
Was this helpful?
131
23
