PayPal announces agreements with BitPay, Coinbase, and GoCoin to allow digital goods merchants to accept BTC through their PayPal Payments Hub

Appropriate links to press releases:

https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230

http://blog.bitpay.com/2014/09/23/bitpay-and-paypal-an-unbeatable-payment-partnership.html

To clarify: PayPal has made agreements with BitPay, Coinbase, and GoCoin to allow merchants selling DIGITAL goods (ring tones, apps, etc) to accept BTC as payment via PayPal's Payments Hub (at least that's how I read it). This is basically a limited rollout of BTC acceptance by PayPal.