The e-commerce giant has abruptly announced that cryptocurrency-related listings will not be allowed on the platform. The announcement comes on the heels of a significant investment from PayPal.
When Coinbase announced that its customers in the U.S. could enjoy instant withdrawals through PayPal, it added that the same support would soon be coming to other countries.
U.S. customers can instantly withdraw Coinbase balances to PayPal, providing even faster access to their funds.
Payments giant PayPal has become the latest company to deploy blockchain technology, in this case as a means of delivering a new incentive platform for the company’s employees.
Coinbase users now have an extra option available to them when choosing to withdraw their funds from the cryptocurrency exchange.
Bitcoin Cash (BCH) is positioning itself as a challenger to the likes of PayPal and VISA in payments, as it celebrates the one-year anniversary of the rebirth of Bitcoin on the original blockchain, according to bitcoin wallet service BTC.com.