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Visa and Mastercard reclassify MCC codes for the purchase of cryptocurrencies

Following on from Visa CEO’s statement on cryptocurrencies in January , it turns out that Visa  and Mastercard have reclassified the way Bitcoin and other cryptocurrency purchases are processed on their networks. The changes were noted as Bitcoin investors started noticing additional fees on their bank statements. Currently, if you want to buy bitcoin, ethereum or any other [...]

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