PayPal Will Let Customers Withdraw Crypto, Exec Says

CoinDesk

“Global payments giant PayPal plans to let users withdraw cryptocurrency to third-party wallets, its blockchain lead said. Speaking Wednesday at CoinDesk’s Consensus 2021 conference, Jose Fernandez da Ponte told moderator Jeff John Roberts that a withdrawal function is in the works. At present, PayPal does not let users move cryptocurrency holdings off-platform, though it has let customers buy and other cryptocurrencies since October 2020.”