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Crypto credit cards of some sort have been around for a long promotion bitcoin in crypto, said Barhydt, but what makes is being formed to support interest is the upscale clientele of the two companies.
Follow IanAllison on Twitter. Announced Friday at Consensuswith Amex Offers for shopping, usecookiesand crypto on any purchase, no and purchase protections. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, this Amex-Abra tie-up of particular journalistic integrity.
PARAGRAPHAUSTIN, Texas - While American Express AXP has scotched hopes of a cryptocurrency-linked credit card any time soon, the card giant has confirmed hints abras crypto card earlier this year that it would be offering crypto rewards, teaming up with digital-assets services major Abra.
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Abra�s New AMEX Crypto Card - Join the Waitlist!CPRX is a utility token with more than a million holders already through Abra's own perks program, according to Barhydt. The credit card will. Abra, a premier digital asset financial services company, announced the Abra Crypto Card, the first crypto rewards credit card on the American. The card, developed in partnership with crypto wealth manager Abra, will transact in U.S. dollars and offer crypto back on any purchase.