Coinbase & Amex Team Up for Bitcoin Rewards Card – Plus, U.S. Crypto Futures on the Horizon
Crypto meets plastic: Coinbase just dealt Wall Street a curveball with its Amex-backed Bitcoin rewards card—while quietly laying groundwork for a U.S. futures play.
When Credit Cards Mine Bitcoin
The exchange''s new Amex collab lets users earn crypto instead of airline miles—a slick move to onboard normies before regulators slam the door. Early adopters get 4% back in BTC on all purchases (take that, traditional cashback cards).
Futures Frontrunning
Behind the scenes, Coinbase''s lobbying team''s working overtime to crack the U.S. derivatives market. Insiders whisper the CFTC could greenlight crypto futures by Q4—right as election season kicks off.
The Fine Print
Of course, the rewards card''s 2% foreign transaction fee still stings worse than a 10% crypto dip. Some things never change—not even in the ''decentralized'' future.