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Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules

Test memecoin purchases were coded as "digital media" rather than crypto, earning credit card points despite card network restrictions.

Zack Abrams

Publisher The Block

Sep 1, 2026 at 7:33 PM UTC · 1 min read

Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules
Image via The Block

Test memecoin purchases were coded as "digital media" rather than crypto, earning credit card points despite card network restrictions.

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Originally reported by The Block

NewsLayer coverage based on externally reported material.

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