PayPal scores UK crypto license after brief local Bitcoin buy halt
1 min read
Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom.
According to official FCA data, PayPal has been
The United Kingdom has been noticeably emerging as a major cryptocurrency economy. According to an October 2023 report by blockchain analytics firm Chainalysis, the U.K. is the biggest crypto country in terms of raw transaction volume in Central, Northern and Western Europe. According to a study by the crypto tax platform Recap, London was the world’s most crypto-ready city for business in February 2023.
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