According to an investigation by The Block, Robinhood Wallet and social trading app Fomo users can now purchase meme coins like WIF directly via Crossmint using Visa, Mastercard credit cards, as well as Apple Pay and Google Pay—without needing to complete separate KYC. The Block’s testing found that these transactions are categorized as 'digital goods/media' rather than the cryptocurrency transaction category typically required by credit card networks. As a result, users can still earn regular credit card points or cashback. Chase, under JPMorgan, stated that it believes the Visa transaction categorization in testing is incorrect and should not qualify for credit card rewards, and has submitted an investigation request to Visa. Meanwhile, the New York Attorney General’s Office also confirmed it is reviewing the matter. https://www.(wublock123.com)/news/news-67633