However, the service will initially be unavailable in New York due to regulatory restrictions
PayPal has taken another step toward broadening crypto adoption by enabling US business accounts to buy, sell, and store cryptocurrencies. This feature, announced on September 25, allows millions of US merchants to access the growing digital asset market directly from their PayPal business accounts.
This initiative aims to modernize Peru's financial infrastructure and enhance financial inclusion
The legal requirements for banks are expected to be in place within the next two years