PANews reported on October 10th that Coinbase CEO Brian Armstrong announced on the X platform that the company will begin testing a $5,000 limit for all crypto debit card customers starting October 14th. The company also plans to deploy tiered transaction limits of up to $10,000 (and possibly $100,000) for low-risk users by the middle of next year.

It is reported that the Coinbase crypto debit card currently has a limit of US$2,500. Some users reported that the limit was insufficient. Brian Armstrong then collected community opinions and made the above update.