PayPal has taken its first step with crypto offerings in the European Union (EU), choosing Luxembourg as its point of entry. In the coming days, PayPal customers in the land-locked city will be enabled to buy, sell and store digital assets within their respective PayPal accounts. Users will be able to perform these tasks via mobile app, as well as via the browser. In its new market, the minimum amount that PayPal will allow users to purchase cryptocurrencies for is EUR 1 (roughly Rs. 85). Bitcoin, Litecoin, Bitcoin Cash, as well as Ether have been chosen as the first four crypto assets that would be supported by PayPal in Luxembourg. The company is also willing to collaborate with the Luxembourg authorities in their process of shaping up the industry for digital assets to keep it in alignment with the existing financial systems. “The introduction of this service offers Luxembourgish customers a new way to explore cryptocurrency in the PayPal environment they know. Adding Luxembourg is an important step in PayPal’s mission to make digital currencies …