So that means that for now this is good for people who have the plan to just hold to their digital assets within PayPal. I am sure this will be changed at the right time when maybe PayPal may already have an approval from financial authorities in the UK. Nevertheless, this is already a big good news for UK people who are enamored with cryptocurrency as they now have a good option to buy the digital assets they may love. So far, PayPal has not yet announced this option in my country which is already ripe for cryptocurrency and they can do a good business here most especially if there can already be a seamless movement of assets to real cash and vice versa.

That's because they're limited in operation and they have to be buddy with the local government before doing anything else so it's really making them look bad, another reason is probably they're not the only payment system in existence that offers something better.

I think since Paypal is owned by Ebay(or Ebay by Payal) we should see soon the option to buy goods with crypto,of course this would be difficult to accept for all the sellers there but a bunch of them should not have any problems accepting payments with crypto.That would be a huge improvement to the Ebay marketplace.I haven't seen such option implemented yet as when I click "Buy it Now" I only see Paypal and Credit Card as payment options but seeing crypto there as a payment should be a great addition.

Once this can attract attention from people who use Paypal from the UK, they may be trying to buy crypto through their account and send it to the exchange to gain more experience in crypto. Hopefully, Paypal will announce the next update news for the other Paypal users from other countries to buy crypto. If that can happen, that can boost crypto among the Paypal user to give a chance for people from other countries to feel the experiences. But still, in these situations, crypto needs more good news to lift the price.

Not that I’m going to use it, but I believe it’s a good thing for bringing new investors into the market.

I don't even see any news in this PayPal as a payment app stands to gain a lot from Bitcoin in the long term because they will charge high fees on crypto transactions even their customers in the UK are already experiencing this high transaction fee within the PayPal account.

Of course this is a epoch-making news for UK citizens, in this development people will be able to connect themselves more easily with crypto, at the same time the use of crypto in people's daily life will increase and people will benefit from it.

I think that the fact that PayPal has started yo allow people to buy bitcoin in the us a couple of months ago and now they have decided to launch that option in the uk, shows that they are going to be launching this option to a more worldwide option, and this is obviously a good thing because it will make people know more about it and use more.

for people to buy bitcoin they need to have a bank account because not all people will use a friend who has bitcoin to sell them

for people to use some good exchanges they need to go through KYC

centralism was inevitable, KYC was inevitable, paypal entry was inevitable and several others that will come

This goes to show that the road to global adoption is already underway. UK is undoubtedly one of the most powerful countries in the world and for the country to become part of the pioneer group that will rally the adoption of bitcoin through the rest of the planet is a good move from Paypal. Just hoping to hear more from this news because updates are really important especially at this crucial stage where people are dying to know more about bitcoin and how the adoption process will go through. UK citizens are the ones mentioned here if I'm not mistaken. Although there is some form of connection between the two countries, I wouldn't really interchange them since they have this sort of rivalry against each other. That being said the adoption wave could carry over to US soon enough if not already, and this would mean further good news for bitcoin and those who hope for its global adoption like us.