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Does Capital One Allow Crypto Purchases? Inside the Banking Industry’s Quiet Shift Toward Digital Assets
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Does Capital One Allow Crypto Purchases? Inside the Banking Industry’s Quiet Shift Toward Digital Assets
KEY TAKEAWAYS Capital One currently prohibits using its credit and debit cards for cryptocurrency purchases. The restriction stems from fraud, volatility, and regulatory risk concerns. Customers can still buy crypto via ACH transfers, linked bank accounts, or other payment methods. Banks are cautiously exploring blockchain tech and stablecoins while avoiding direct crypto exposure. Capital One’s acquisition of Discover strengthens its payment …
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