Category: credit cards

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TD Bank The Latest to Halt Cryptocurrency Purchases Using Credit Cards

Toronto-Dominion (TD) Bank is the latest financial institution to ban customers from using their credit cards to purchase cryptocurrency. As more retail investors continue to be onboarded, banks are looking to protect them from making ignorant decisions. Weighing...

ECB Board Member: Crypto Is ‘Contagion And Contamination’ Infecting The Global Financial System

ECB board member says crypto is at risk of “contamin[ating]” the global financial system, asks for more regulation before crypto becomes too interconnected #NEWS Powered by WPeMatico

Australia’s Major Banks Confirm They Won’t Ban Buying Bitcoin

Some of Australia’s biggest banks confirmed they won’t prevent customers from buying and selling Bitcoin with credit cards, unlike some of their counterparts in the UK and US.  ‘No Restrictions’ Following a different approach than Lloyds Banking Group,...

Major British Credit Card Issuers Ban Customers From Buying Cryptocurrencies

Britain’s largest banking group is banning its credit card customers from buying cryptocurrencies including bitcoin. Credit card issuers that are banning crypto transactions include the UK’s largest retail bank, Lloyds Bank, Bank of Scotland, Halifax, and MBNA. Also...

Bitcoin.com Introduces the New Buy Bitcoin Cash Portal

The web portal Bitcoin.com has just launched its Buy Bitcoin Cash page that enables users to easily buy bitcoin cash (BCH) using a credit card. The new addition makes purchasing peer-to-peer digital cash simple and safe for those...

Discover Card’s 44 Million Customers Denied Crypto

The credit card company crypto squeeze continued this week with Discover Card announcing it would not allow its customers to use their card on cryptocurrency exchanges. It’s the latest in a string of credit card purveyors to block...