RE: CapitalOne Credit Cards block Cryptocurrency

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CapitalOne Credit Cards block Cryptocurrency

in news •  7 years ago 

I'm wondering how they can differentiate payments that are meant for crypto purchases?

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7 years ago by

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      ·  7 years ago 

    CoinBase is one of the major cryptocurrency exchanges and they were working along with Capital One.
    When a person makes a BTC purchase on CoinBase using their Capital One card, on the transaction information it shows up as "CoinBase purchase" thus they know that it is a cryptocurrency buy or sell order so they block it.

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