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Bitcoin Purchases are called ‘Cash Advances’ by Visa and Mastercard

Earlier this month, Mastercard and Visa made news by stating that any cryptocurrency purchases made on their credit cards would be billed as cash advances instead of charges. The main difference is that a cash advance incurs interest and costs the moment you make it, where as a normal credit card charge is interest free […]

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Capital One blocks CryptoCurrency purchases with its Card

Capital One blocks CryptoCurrency purchases with its Card

Last Updated Feb 2018

Well, it’s official. For the last week or two, I’ve had trouble buying from CoinBase with my Capital One card. I finally got around to calling them up, and they informed me that the orders were cancelled not because I had run into my credit limit on the card, but because they no longer allow […]

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