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The Crypto Report: Crypto.com reduces card rewards, Wikipedia to stop accepting crypto donations

The Crypto Report: Crypto.com reduces card rewards, Wikipedia to stop accepting crypto donations

Crypto.com says it is going to reduce rewards for consumers using its Visa cards, where it will reduce CRO card rewards, introduce a monthly CRO card rewards cap, and phase out card CRO staking rewards. Changes will going into effect on June first. The parent group of Wikipedia, the Wikimedia Foundation- will stop accepting cryptocurrency donations. The nonprofit, which began accepting crpto back in 2014, cites reasons including that crypto are quote extremely risky investments that have only been gaining popularity among retail investors particularly in recent times,” and that it may not align with the foundation’s environmental commitments.

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