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Credit-card memecoin buys sidestep card rules, widening crypto’s onramp

Credit-card memecoin buys sidestep card rules, widening crypto’s onramp

Two trading apps were found by The Block to let users buy memecoins with a credit card and minimal crypto knowledge, using a common media payment code and without extra ID verification at checkout. The ease of this on‑ramp could boost crypto adoption and memecoin demand but creates significant KYC/AML and security risks that may trigger regulatory scrutiny and impact CEX/DEX compliance.

Bearish

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