Digital payments titan PayPal has announced it’s adding more cryptocurrency services through the introduction of an off-ramp, allowing users in the United States to convert their cryptocurrency to US dollars directly from their wallets.
Cryptocurrency exchange Luno is set to halt certain clients in the UK from investing in cryptocurrencies, according to an announcement from the company’s head of public policy, Nick Taylor.
The estate of the once-giant cryptocurrency exchange, which filed for bankruptcy in November after collapsing to a bank run, has disclosed assets totaling approximately $7 billion.
Top stories in the Crypto Roundup today:
- PayPal Launches Crypto Off-Ramp for US Users
- Luno to Pause Crypto Investing for Some UK Clients Over FCA Rules
- FTX Holds $7 Billion in Assets, Plans to Sell Crypto to Pay Creditors
- E-CNY Transaction Volume Surges as China Onboards New Utilities for CBDC