Decrypt

Visa Moves to Close Meme Coin Credit Card Rewards Loophole

Visa Moves to Close Meme Coin Credit Card Rewards LoopholeWorldPing

After banks lost their push for tighter stablecoin rules in the failed Clarity Act, JP Morgan scored a narrower win as Visa moves to stop meme coin purchases from being coded as ordinary "digital media" and earning card rewards.

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