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An issuer was unable to appropriately identify crypto transaction risk from virtual asset service providers (VASPs) in its portfolios, so set policies to decline 65% of crypto transactions worth $35 million gross dollar volume (GDV). These limits apply any time you use your debit card to pay for cryptocurrency. That includes using a digital wallet, such as Apple Pay or Google Wallet. The limit depends on the type of current account you have. From Oct. 16 onward, Chase customers will no longer be able to make crypto transactions using their debit card or through an outgoing bank transfer, the bank said Tuesday. Some merchants have strict fraud policies which block prepaid cards outright, especially cards which are not 3DS enabled (that is, because the card does not have a name or address associated with it).