PayPal's Venmo now allows users to buy and sell crypto

PayPal's social payment arm Venmo has officially launched the service to let its users buy, hold and sell crypto assets within its mobile app.

The company said in an announcement that the service, called "Crypto on Venmo," starts to roll out on Tuesday and will be available to its 70 million customers directly in the Venmo app within the next few weeks. 

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