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In addition to linking bank accounts, customers will be able to fund Coinbase accounts with their Chase credit cards for the first time — an option expected to be active this fall, the firms said in the statement. They will also be able to redeem Chase rewards points to fund their crypto wallets.
If other fintechs opt to pursue that path, they would need to establish direct relationships with all the banks their customers want to connect with, which data aggregators typically do through data-sharing agreements.
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