"Coinbase sent an email this to users this morning warning of credit card company changes that could affect customers. Changes to the MCC code for digital currency purchases could cost investors by allowing credit companies to charge higher fees via cash advances."
http://www.techvoid.com/2018/02/01/coinbase-warns-credit-card-mcc-code-changes-cryptocurrency/I got the message this morning and was surprised. I have never been one to use credit but I really think this will affect a lot of things, what do you think?
I think credit card companies are trying to jump into the crypto currency business to get a head start against their competitors. Come to think of it, we did not have any agreement within the credit card banks that has to deal with crypto or any exchanges. So this is free money for them.