Payments giant PayPal will allow customers in Luxembourg to buy, sell and hold Bitcoin, Ethereum, Litecoin and Bitcoin Cash in their accounts.
“Adding Luxembourg is an important step in PayPal’s mission to make digital currencies more accessible,” the company said. “We are committed to continuing to work closely with regulators and policymakers in Luxembourg to meaningfully contribute to shaping the role digital currencies will play in the future of global finance and commerce.”
The forthcoming EU-wide regulatory regime for digital assets, MiCA, will give passporting rights to crypto businesses already licenced in member states.
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