Coinbase says no to new credit card attempts. They have shut down all new purchases along with JP Morgan, Citi Bank, Bank of America and Discover. All people who have already linked their card will be grandfathered in. What are your thoughts on this?
"Making the announcement through its official blog post on Feb. 13, Coinbase said the platform currently is unable to offer a smooth credit card purchase experience. As a result, it has "disabled adding new credit cards as a payment method for U.S. customers."
The move is a follow-up to the platform's previous confirmation that credit cards issued by four U.S. banks are barred from being used to buy cryptocurrencies. Coinbase said, however, that debit cards remain as a payment option"
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