PayPal Europe pauses Bitcoin purchases in Luxembourg over CARF tax rules
- —New crypto purchases are frozen for PayPal users in Luxembourg as of June 25, 2026
- —CARF requires collecting addresses, tax identification numbers and account classifications
- —Selling and managing existing crypto holdings remains available
- —PayPal expects to resume crypto purchases by the end of 2026
Why it matters: Highlights how OECD tax rules directly constrain crypto services in the EU, with potential for similar pauses at other platforms.
Source: Crypto Briefing