TREE NEWS update: 1inch is winding down its crypto card and has urged users to withdraw balances by Dec. 18, the company said. Existing cards and accounts remain accessible for now, but the issuer and provider — not 1inch — control when card functionality ends. The move affects holders of the 1inch card, which let users spend crypto at merchants.
1inch to Discontinue Crypto Card, Urges Users to Withdraw Balances by Dec. 18
AI take
The notable detail is where control sits: 1inch can urge withdrawals, but the issuer and provider decide when card functionality actually stops, so user timelines may not match the Dec. 18 prompt. For cardholders, the practical exposure is balances left on a product whose operator is stepping back while third parties hold the switch. Whether the issuer-provider arrangement produces a clean shutdown or a messier wind-down is the open question worth watching, and it feeds a broader pattern of crypto firms retreating from card programs where the economics and partner dependencies sit outside their control.
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