PayPal allows transfer of crypto to external wallets


FILE PHOTO: The PayPal logo is seen on a smartphone in front of the same logo displayed in this illustration taken September 8, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) -PayPal Holdings Inc said on Tuesday it will now allow users to transfer cryptocurrencies including bitcoin to external wallets, nearly two years after the fintech giant opened up its platform to digital currencies.

The feature will be available to select U.S. users starting on Tuesday and will be rolled out to all eligible U.S. customers in the coming months, the San Jose, California-based company said.

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