Robinhood Wallet and Fomo users can buy memecoins like WIF with Visa/Mastercard via Crossmint without KYC

The Block reported that Robinhood Wallet and social trading app Fomo users can purchase memecoins like WIF using Visa or Mastercard credit cards and Apple Pay or Google Pay via Crossmint, without separate KYC. The purchases are coded as digital goods so card rewards still apply, and Chase has asked Visa to investigate while New York's AG is reviewing.

Detected & updated continuously · Source: Nebula

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