Coinbase to launch 'American Express card' in the US to commemorate Bitcoin's birth
Suehyeon Lee
Summary
- Coinbase announced it plans to launch a new credit card in the United States in cooperation with American Express.
- It was reported that the credit card engraves Bitcoin's genesis block data to emphasize its symbolic significance.
- Coinbase One members can receive up to 4% Bitcoin cashback depending on asset holdings.
Coinbase plans to launch a new credit card in the United States this fall in partnership with American Express.
On the 12th (local time), CoinDesk reported that Coinbase plans to launch a Bitcoin birth-commemorative credit card in collaboration with American Express.
The card is expected to be engraved with hexadecimal (hex) data extracted from Bitcoin's genesis block, symbolically commemorating the origin of Bitcoin.
The card will be offered exclusively to subscribers of Coinbase's paid subscription service 'Coinbase One', and users can receive up to 4% Bitcoin (BTC) cashback depending on their asset holdings.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)