Newslink: 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.
https://news.bitcoin.com/british-credit-card-issuers-ban-customers-buying-cryptocurrencies/
They banks aren’t banning people from buying crypto with their own money they are preventing them from using THE BANKS money and racking up debt on crypto which in my opinion is smart business because people are stupid enough do it
Similar moves by some banks in the US. Temporarily driving the market to new lows. No one is sure how low.
https://steemit.com/bitcoin/@davebrewer/hodlers-can-be-uninformed-morons-do-you-understand-you-are-not-buying-lottery-tickets