PayPal is launching crypto services for the first time outside the US

Just a few weeks ago, PayPal confirmed speculations that it was preparing to launch crypto products as part of its services. These speculations were discussed last year, and when this great fundamental report was only recently confirmed, it understandably contributed to the growth of the entire market. However, the so-called first expansion outside the US, specifically to the UK, will officially begin this week, and it should be available to all eligible citizens of the country within a few weeks.

In order for customers to be able to use the mentioned crypto products, namely Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), they must verify their identity in their accounts. The products for the USA were introduced last October, which is the period when the market started to grow massively, as it was one of the main news that pushed the market forward.