{"id":726,"date":"2024-04-16T08:26:36","date_gmt":"2024-04-16T08:26:36","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/16\/paypal-eliminates-nft-transaction-protections\/"},"modified":"2024-04-16T08:26:36","modified_gmt":"2024-04-16T08:26:36","slug":"paypal-eliminates-nft-transaction-protections","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/16\/paypal-eliminates-nft-transaction-protections\/","title":{"rendered":"PayPal Eliminates NFT Transaction Protections"},"content":{"rendered":"<p>PayPal has announced changes to its Seller Protection Program, excluding Non-Fungible Tokens (NFTs) with a transaction amount of $10,000 or above, effective from May 20. This means that NFT sales exceeding $10,000 will not be protected against false claims, chargebacks, or scams that could financially harm sellers.<\/p>\n<p>These policy revisions indicate a cautious approach to the growing NFT market. In PayPal\u2019s 10-Q report, it was detailed that the company received a subpoena seeking the production of documents.<\/p>\n<p>PayPal stated that it had cooperated with the SEC\u2019s inquiry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PayPal has announced changes to its Seller Protection Program, excluding Non-Fungible Tokens (NFTs) with a transaction amount of $10,000 or above, effective from May 20. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[240],"tags":[],"class_list":["post-726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-paypal-seller-protection-program"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=726"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/725"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}