Just in time for what some savvy investors might construe as a 60%-off Bitcoin sale VISA and Mastercard have decided to make buying cryptocurrency more expensive than ever. Bitcoin is CashΒ Now? At some point during the last week both VISA and Mastercard decided to reclassify Bitcoin transactions as cash advances as opposed to purchases. According to a spokesperson from Mastercard: Over the past few weeks we have clarified to acquirers or the Read More The post Fearing Bitcoin and Seeking to Capitalize on Higher Fees VISA and Mastercard Reclassify Crypto Purchases as Cash Advances appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/fearing-bitcoin-seeking-capitalize-higher-fees-visa-mastercard-reclassify-crypto-purchases-cash-advances/