Throughout the year, there have been lots of speculations and questions regarding the integration of Bitcoin in PayPal. Earlier this month, PayPal had already announced that businesses working with Braintree would soon be able to accept Bitcoin through their v.zero SDK and relationship with Coinbase.
In a recent press release, PayPal’s Senior Director of Strategy Scott Ellison announced some big news. As of September 23rd, PayPal is allowing merchants to accept Bitcoin using the PayPal Payments Hub. North American merchants will be able to integrate the option first.
It is uncertain if or when other merchants will be able to accept Bitcoin as well, for this is not mentioned in the press release.