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Skrill to Enable US Citizens to Buy Bitcoin Following a Coinbase Partnership

The Skrill digital wallet, launched by the specialized payments platform Paysafe, will expand its presence in the US by partnering with Coinbase. The largest US-based crypto exchange will provide new cryptocurrency white label solutions to Skrill, thus enabling users from nearly 40 states to buy and sell digital assets.
Skrill Partners with Coinbase
Launched in 2001, Skrill is a digital wallet provider offering multiple online payment and money transfer solutions. Back in 2018, the project, which is now owned by the Paysafe Group, released its first crypto offering to customers located in over 30 countries.
Earlier today, the parent company announced the expansion in 37 states and territories in the US, including Illinois, Michigan, Texas, Washington, D.C., Puerto Rico, and more. This became possible after a partnership with the popular crypto exchange – Coinbase.
The collaboration will enable Skrill to integrate with the Coinbase platform. Consequently, Skrill customers based in the 37 territories would be able to use the firm’s digital wallet to buy and sell some of the most popular digital assets. Namely, those include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
The new initiative allows users to interact with cryptocurrencies through USD or other digital assets. In other words, they would be able to choose if they pay for BTC with the world’s reserve fiat currency or ETH, LTC, BCH, or another crypto asset.
It’s worth noting that Skrill’s US-focused crypto offering is a “phased roll-out.” This means that the online/web version is already available, while …
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