San Francisco-based cryptocurrency exchange, Kraken announced its phased introduction of support for euro and British pound deposits through PayPal Holdings Inc (NASDAQ: PYPL). TThe funding option was introduced earlier this week and is currently available only on the Kraken mobile app. While users in Europe and the U.K. will be able to reap the benefits of this rollout by Kraken, Hungary and Croatia are excluded.
Details Of The Rollout
The Block reported on an e-mail Kraken users received, which stated, "You can use either your PayPal balance, bank account, or payment cards connected with your PayPal account to transfer up to £1,000 ($1,250) every ...