Cronos: Did suspension of CRO rebate benefits affect investors

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One of the world’s leading cryptocurrency exchanges, Crypto.com, recently upgraded its Visa Card policies. Thus, eliminating a critical feature that made it the most popular crypto-linked card program. Members of certain tiers of Crypto.com’s Visa Card have now been excluded from the rebate benefits they enjoyed through Spotify and Netflix. Starting 23 January, these cardholders […]

One of the world’s leading cryptocurrency exchanges, Crypto.com, recently upgraded its Visa Card policies. Thus, eliminating a critical feature that made it the most popular crypto-linked card program.

Starting 23 January, these cardholders will no longer receive CRO as reimbursement and have instead been given a 2% back on spending with Spotify and Netflix. Notably, CRO investors have been in a tough spot for a long time now, thanks to the decline it observed from its all-time high of $0.974 in November.

 

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