Whats the reason for the limit and for it being raised? IM guessing there is some legal/KYC/anti money laundering regulation you have to comply with? Does that impose a firm limit on daily/weekly anonymous transactions like this?
Yes the reasons behind are KYC/AML. Laws are currently being changed in Belgium regarding cash payments. We are studying the topic with our lawyer for a final threshold. Meanwhile, the threshold has been increased from 250 to 500.