Coinbase to launch crypto credit card on Amex Network
Coinbase has advanced its plans to roll out a new credit card, the Coinbase One Card, which will operate on the American Express network.
The card, issued by First Electronic Bank and offered in partnership with fintech firm Cardless, will provide users with Bitcoin rewards of up to 4% on purchases. Access to the card will be limited to Coinbase One members based in the United States.
The announcement was made during Coinbase’s State of Crypto Conference, coinciding with the opening of a waitlist for interested customers via the company’s website. A full release with full programme details is expected later in the year.
Strategic emphasis on infrastructure and compliance
Officials from American Express described…
