If you can’t beat em’, ban em’. That’s what, it appears, the major banks are saying regarding cryptocurrency. They’ve moved to block their credit card customers from using their cards to purchase cryptocurrencies.
|Major Banks Ban Buying Bitcoin With Your Credit Card|
Most major U.S. credit card issuers have now banned the use of their cards to buy Bitcoin or other digital currencies, in a move intended to decrease both financial and legal risk.
Citigroup also says it is halting cryptocurrency purchases on credit, and Capital One and Discover had already enacted their own bans. That means all of the top five credit card issuers have announced or implemented ban
|Read More at Fortune.com|