AmEx Doesn’t Plan to Offer a Crypto-Linked Card Soon, CEO Says

American Express Co. isn’t planning to offer a crypto-linked card any time soon, Chief Executive Officer Stephen Squeri said.

“When I look at cryptocurrencies, it’s really more of an asset class,” akin to gold, Squeri said Monday at Yahoo Finance’s All Markets Summit. “I don’t see it as really something that’s going to make inroads from a credit-card perspective, or even a debit-card perspective, in terms of payment.”