Banks Ban Cryptocurrency Credit Card Purchases! Why?

Banks Ban Cryptocurrency Credit Card Purchases! Why?


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In today’s video we talk about the recent news that some major banks have banned cryptocurrency purchases via credit card. The major banks that have banned cryptocurrency credit card purchases are chase bank, bank of america, citi bank, virgin money, and Lloyd’s. These banks have banned cryptocurrency credit card purchases in order to protect themselves as well as to protect the people buying these cryptocurrencies. They don’t want people maxing out their credit cards in order to buy bitcoin and other cryptocurrencies. If you enjoy cryptocurrency content such as cryptocurrency price predictions, ICO reviews, cryptocurrency / altcoin reviews, and more of the like please consider subscribing to the channel. Hope you enjoy!

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