PayPal increases weekly cryptocurrency purchase limits to $100,000
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Jul 16, 2021, 3:26 PM
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Updated 1,106 days ago
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1h ago1:56
Sunny skies and warm temps for Saturday in the Hudson Valley
1h ago0:17
Yorktown police sergeant celebrates final walkout following 2 decades of service
1h ago0:32
Veteran firefighter who suffered stroke receives warm welcome home
1h ago0:38
Multimillion-dollar transformation on the way for sections of Hudson Valley
1h ago2:10
Boar’s Head deli meat recalled for potential listeria contamination
1h ago1:48
Unique art experience featuring mannequins to return to Rockland
1h ago- PayPal is increasing its weekly cryptocurrency purchase limit to $100,000, five times the original limit. The company is also getting rid of its annual purchase limit of $50,000. The online payment system’s vice president says the changes give users more choice and flexibility when it comes to buying cryptocurrencies on its platform. It began allowing users to buy cryptocurrency on its platform in October 2020.
- Three large hospitals are holding off on administering Biogen’s new Alzheimer’s drug following the Food and Drug Administration’s (FDA) approval in June. The Cleveland Clinic, Mount Sinai Health System in New York and Providence in Renton, Washington say they won’t be administering Aduhelm and question its effectiveness. The hospitals also are questioning the FDA’s approval process following the FDA’s commissioner’s call for an investigation over questions regarding the review staff’s inconsistencies with the administration’s policies and procedures.
- Facebook Pay is expanding beyond its platforms and will become available for retailers next month. It will be an option for online customers like Google’s stored cards, PayPal and Amazon Pay. It is easier to for users to pay for items now but gives Facebook more data from those using Facebook Pay. The social media company will collection information regarding the payment and transaction details. It will be able to see what is purchased, which could lead to ads related to customers’ purchases.
