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RE: CapitalOne Credit Cards block Cryptocurrency
I'm wondering how they can differentiate payments that are meant for crypto purchases?
I'm wondering how they can differentiate payments that are meant for crypto purchases?
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.