PayPal said on Wednesday it is planning to permit users to withdraw cryptocurrency to third-party wallets. The corporate which opened its platform to digital currencies last October currently does not let users withdraw cryptocurrency holdings from its platform.

The news was reported by Coindesk, citing comments from Jose Fernandez da Ponte, who leads PayPal’s blockchain, crypto, and digital currencies business unit. Speaking at CoinDesk’s Consensus 2021 Conference, Fernandez da Ponte said, “They wish to bring their cryptocurrency to us so they can use it in commerce, and that we want them to be able to take the crypto they bought with us and take it to the goal of their choice.”

Last year, PayPal said that US account holders will be able to buy, sell, and hold cryptocurrencies in their PayPal wallets. PayPal planned to expand the service to its peer-to-peer payment app Venmo and some alternative countries in the first half of 2021. Other mainstream fintech companies, such as mobile payments provider Square and stock trading app firm Robinhood Markets, allow users to buy and sell cryptocurrencies. On Wednesday, Bitcoin climbed back above $40,000 for the first time this week, as recent fickle in the cryptocurrency market showed major signs of going down.