Seeking Alpha
2021-07-15 20:51:20

PayPal raises cryptocurrency purchase limits for U.S. customers to $100K

PayPal (PYPL) boosts its cryptocurrency purchase limit for eligible U.S. customers to $100K per week with no annual purchase limit, the company said in a statement."These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform," PayPal said.In addition, it's continuing to update its in-app guides and educational materials on crypto.As for recent crypto price moves, bitcoin (BTC-USD) is trading at ~$31.7K, down 3.2% in the last 24 hours; ethereum (ETH-USD) is down 3.0% to $1,924; Binance Coin (BNB-USD) +2.7% to $316.25; litecoin (LTC-USD) -4.8% to $124.93.Previously (July 14), ECB makes big move towards digital euro, says better than bitcoin

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