PayPal has temporarily stopped new Bitcoin and crypto purchases for users in Luxembourg starting June 25, 2026, because of the new Crypto-Asset Reporting Framework (CARF) tax rules. These rules require PayPal to collect detailed customer tax-residency information before allowing new crypto buys. Existing crypto holdings on PayPal can still be sold or managed, but new purchases are frozen until PayPal completes compliance, expected by late 2026. This pause is specific to Luxembourg and does not indicate PayPal exiting crypto or affecting global markets.
PayPal's pause on Bitcoin purchases in Luxembourg occurs as of September 26, 2026. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 26, 2026 03:21 WIB: out of 50 major cryptocurrencies, 40 rose and 9 fell today. Notable movers include BAL (Balancer) with a price of Rp16.297 and a 1-day change of +11.14%, GRT (The Graph) at Rp508 with a 1-day change of +9.02%, and EOS (EOS.IO) at Rp12.649 with a 1-day change of +8.13%.
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