Coinbase Warns of Purchasing Problems With Credit Cards
In a sign that mainstream financial institutions are attempting to push back against acceptance of cryptocurrencies, Coinbase has publicized changes that have been made by credit card companies to purchases of cryptocurrencies with credit cards. Rather than being able to process those transactions as credit card purchases, Coinbase and other exchanges are being required by credit card companies to process those purchases as cash advances. That makes them subject to additional fees and interest charged by credit card companies. Other [...]
