PayPal started working in Ukraine

[TheGreatPython]

It is good for the people who stuck under crisis no matter either its PayPal or Bitcoin it has to help people with the transaction then only they can able to survive. Governments only allowed it because there is no other option and don't forget that PayPal also allows their customers to buy and sell bitcoin so it will help in the adoption in someway but users can't be able to transact their cryptocurrencies from one PayPal to another PayPal account.

I think the features of btc inside paypal are only limited to some countries and until now I have not seen this feature when I open my paypal account but maybe they can give exceptions to ukraine since the country have suffered from the war and they need special treatment right now.

When people open paypal they will be curious when they saw bitcoins inside it so they will try it but I hope this should not give them an impression that btc cant be used anywhere except from paypal. This only happens with paypal, they restrict the use of btc because they still prioritize their service. Tax should go down a little bit even though their economy is still broken yet.

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[The Sceptical Chymist]

But this is a good news for the citizens there.

I agree, but the cynical, evil little devil that lives between my ears just hates seeing big corporations take political stands, whether it's because they believe in a cause, or they're pressured by politicians, or they want to look good in the eyes of their shareholders and/or customers.  There's a part of me that wants the market to be truly free and not subject to the influence of man-made crises like the current one.

But then there's that other side of me that's cheering for PayPal and Ukraine (even though I can't stand PayPal).  Regardless of the reason for them providing their services to Ukrainians, it was a good thing to do.

[retreat]

Many people probably don't know, but Ukraine was one of the few countries where PayPal never fully worked, as it was impossible to receive funds for Ukrainian accounts. This was a big obstacle for small businesses that wanted to sell something online and ship it to foreign countries. PayPal couldn't fully work, because Ukrainian regulators wanted to tax and regulate it more heavily than PayPal would accept.

Today, PayPal started fully working in Ukraine, providing people who are in Ukraine with additional channel for receiving aid from foreign countries or using it as payment instrument for doing business or making purchases from abroad.

This could mean that the adoption of crypto for payments with Ukraine will be lower than expected, because now there's another alternative to Visa/Mastercard, SWIFT, Western Union and other traditional fiat channels.

this is good news for ukraine but even though paypal is officially operating in ukraine, I still hope that cryptocurrency will still find the best place in ukraine, don't let it be later in the future, the rules about crypto currency are complicated or even cryptocurrency is abandoned by ukraine LOL.

[Lanatsa]

This could mean that the adoption of crypto for payments with Ukraine will be lower than expected, because now there's another alternative to Visa/Mastercard, SWIFT, Western Union and other traditional fiat channels.

Expect the unexpected but actually this is really just a thing on where you could really presume to happen because traditional payment companies would neither make out some direct or immediate adoption or agreement

if the do wanted to which means that people would really be having that option now aside from UK common payment terms and now that Paypal is working out then it would really be easing out transactions even more.
Lets just accept that not all would really be that confident on using bitcoin or crypto on making transactions due to some limitations and other stuffs which having paypal would ease out those some issues or problems.