Under PayPal's new policy (effective May 20), NFT purchases will no longer be supported by the company's Buyer Protection Program. Additionally, NFT sales worth more than $10,000 will not be protected from false claims and refunds.
PayPal issued a notice on March 21 that it planned to stop protecting some NFT-related transactions, according to its website. But so far, the changes have gone unreported.
PayPal removes buyer and seller protections for NFTs
2024-04-16 14:29:32
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