The New Paper

April 21, 2021

Venmo announces support for cryptocurrencies

Venmo announced that it will allow users to buy, sell, and hold cryptocurrencies directly on its platform. The app will initially support four cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Bitcoin Cash). The announcement comes amid growing corporate, institutional, and individual adoption of cryptocurrencies, including recent initiatives from PayPal and BNY Mellon and the continued growth of Coinbase (which went public last week).
This story is from the April 21, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.