Cryptocurrency Q&A
Why has PayPal stopped crypto?
Why has PayPal stopped crypto?
DiamondStorm
Sun Dec 29 2024
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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.
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5 answers
BlockchainBaron
Tue Dec 31 2024
Despite the suspension, customers can still hold their crypto.
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CryptoNerd
Tue Dec 31 2024
PayPal has temporarily suspended its crypto purchasing service.
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Giulia
Tue Dec 31 2024
This decision was made while the company updates its system.
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Federico
Tue Dec 31 2024
The update is necessary to comply with new UK regulations.
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BitcoinBaron
Mon Dec 30 2024
Alternatively, customers have the option to sell their crypto if they wish.
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