According to recent reports, a major U.S. financial services
firm and Gemini, one of the largest U.S. cryptocurrency exchanges,
will soon launch a credit card that gives users cryptocurrency
rewards on purchases. According to a blog post, the Gemini Credit
Card will allow cardholders to "earn up to 3% back on
qualifying purchases in bitcoin or any of the more than 30
cryptocurrencies available on Gemini."
According to press releases issued this week, the office of the
Comptroller of the Currency (OCC) has granted preliminary
conditional approval to allow U.S. cryptocurrency firm Paxos to
operate under a national trust bank charter. Paxos will reportedly
also maintain its current New York state trust charter.
