As of January 22, major credit card networks (e.g. Visa) changed the MCC for digital currency purchases upon the request of card issuers and large banks. (cryptocoinspy.com)
Late last night, in a reddit post, a Coinbase staff person notified customers that some credit card companies are seeking to reclassify digital currency purchases as cash advances. (ethnews.com)
Leading credit card networks and providers earlier changed the terms of digital currency purchases which they now treat as a cash advance with additional charges and higher interest rates, Bloomberg wrote. (sputniknews.com)