Aug 5, 02:10 PM

Coinbase Opens PayPal Crypto Payments to Canadian Customers

Coinbase Global Inc. said on 5 Aug. that customers in Canada can now use their PayPal accounts to buy and sell cryptocurrencies on the exchange, adding another mainstream payments rail to its platform. The integration opens the service to nearly 10 million PayPal users in Canada and targets a market where more than 5 million people already own digital assets, according to industry estimates. Coinbase said the move is intended to streamline onboarding and reduce friction for retail investors. The companies have collaborated on similar services in other markets and are expanding the arrangement as exchanges look for established payments partners to widen access to digital assets amid tighter regulations and uneven banking support.

#Canada #PayPal #Coinbase

Written with ChatGPT .

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Coinbase Opens PayPal Crypto Payments to Canadian Customers

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