Cryptocurrency Statement from the CEO of American Express Card!

American Express Card CEO Stephen Squeri conducted an interview with Yahoo today. The CEO who shared the company’s 2022 vision to cryptocurrencies remarks were noted.

“I don’t think we will see an American Express card tied to cryptocurrencies anytime soon,” said the CEO, leaving the door open for cryptocurrencies, saying, “We are looking for other potential avenues for membership reward points.”

bitcoin and big cryptocurrency units gold Expressing that he sees it as an asset class such as the same, Squeri said that it will not be easy to use in credit card payments due to the high price volatility.

Thinking that the credit card-cryptocurrency relationship is not very functional, the CEO said:

“We are exploring potentially other ways to redeem your membership reward points.

But I don’t think you’ll see an American Express card tied to cryptocurrencies anytime soon.”

Apparently AMEXon cryptocurrencies Visa and of Mastercard He stands a few steps behind. Because, in particular, Visa is working hard to get its share of the cake early and adapt to the sector.

While Visa and Mastercard increase their investments in the sector, thinking that the future will be shaped in this area, many banks are launching products for cryptocurrencies.

Those who already have credit cards issued by Gemini and BlockFi can earn cryptocurrency rewards based on the amount they spend.

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