PayPal is planning to allow the buying and selling of crypto directly from its website and app sources close to the company say.
The understanding is that PayPal and Venmo are looking to create the opportunity to sell cryptocurrency to over 325 million users which would be a first in terms of offering direct sales of crypto.
It is unclear how many cryptos will be available to buy.
Coinbase users have been able to withdraw to PayPal since 2018 in the US and 2019 in Europe & Canada.
PayPal has made no comment on the rumour but Crypto Twitter is understandably bullish.