JPMorgan Chase recently came to terms on a lawsuit from 2018 involving added fees for crypto purchases using credit cards. Banking giant JPMorgan Chase settled a 2018 lawsuit recently, with a $2.5 total payout — the result of unclear fees charged when using credit cards for crypto purchases. A May 26 court document detailed: “The […]
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Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others. Binance has added 15 additional fiat currency options for Visa and Mastercard purchases on its platform. Since Feb. 14, the exchange’s partner Simplex can be used to buy crypto across many countries […]
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Apple has included a stipulation in its Apple Card agreement that says crypto purchases count as cash advances or similar, which are forbidden. According to the Apple Card Customer agreement, users will not be permitted to buy cryptocurrencies using the company’s upcoming credit card service. Goldman Sachs published the agreement on July 2, according to […]
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A New York judge has said that crypto purchases might not be cash advances, and a class action suit against Chase can largely proceed. Southern District of New York Judge Katherine Polk Failla has ruled that purchasing cryptocurrency with a Chase Bank credit card does not necessarily count as a cash advance, as per Chase’s […]
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Stripe, the digital payments startup, is reportedly testing a new cash advance service for its business customers. According to reports, the new service would provide business owners with access to funds one to two days after applying for the money. Stripe has started to alert customers about the service and issue loans. The test, noted […]
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