Banks Banning Crypto purchases with credit card

in #bitcoin7 years ago

Reports today of 2 of the biggest banks in the world in Bank of America (aka bank of shit) and JP Morgan will reportedly disable customers to purchase BITCOIN with credit cards starting in February of this year essentially starting this weekend. Ironically a perfect time to load up on Bitcoin with this bloodbath of a market going on. Bank of America is still allowing Debit/ATM cards though for customers to purchase cryptocurrency. It seems the main concern for these banks are the idea that customers would purchase more cryptocurrency than they can afford with credit cards as well as money laundering and credit theft resulting in hidden crypto holdings. bank.jpg

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