High Alert

Visa to close Crossmint memecoin rewards loophole following The Block investigation: report

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
Visa to close Crossmint memecoin rewards loophole following The Block investigation: reportWorldPing
Image via The Block.

What happened

Though the Crossmint-powered memecoin sales are still live on both apps, Visa's grace period is expected to end next week, per the report.

Key facts

  • Reported by The Block and published Sat, 19 Sep 2026 15:11:22 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. European Central Bank President Blocked Binance’s EU Entry: Report

  2. Korean Police Traced Polymarket Users Through the Blockchain

  3. Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits

  4. Solana's Heartbeat Quickens: Block Times Fall 17% in Latest Speed Upgrade

  5. Visa to close Crossmint memecoin rewards loophole following The Block investigation: report

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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