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PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes

August 16, 2023
PayPal will reportedly place a temporary halt on cryptocurrency sales for its U.K. customers starting from October. This decision comes as the company aims to comply with new regulations on crypto promotions set by Britain’s financial regulator, Reuters reported Wednesday (Aug. 16). Reached for comment by PYMNTS, a PayPal spokesperson said in an email that […]