PayPal increases weekly cryptocurrency purchase limit fivefold to $100,000 and scraps its annual purchase limit of $50,000 (Kate Rooney/CNBC)

Kate Rooney / CNBC:
PayPal increases weekly cryptocurrency purchase limit fivefold to $100,000 and scraps its annual purchase limit of $50,000  —  - PayPal users can now buy $100,000 of bitcoin and other digital assets per week, up from a previous limit of $20,000.  — PayPal is also scrapping its annual purchase limit of $50,000.