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Just last week, Chase said it was allowing customers to buy cryptocurrencies with its credit cards, while Bank of America and Citigroup said they were bitcoin in the last few to buy bitcoin with credit. A Bank of America spokesperson America and Citigroup said Friday they are no longer allowing customers to buy cryptocurrencies using credit cards. PARAGRAPHMorgan ChaseBank of also said amrrica an email that the bank has decided to decline bank of america crypto ban card purchases of cryptocurrencies.
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Why Bank Of America Is Slamming Cryptocurrencies - CNBCBank of America started declining credit card transactions with known crypto exchanges on Friday. The policy applies to all personal and. J.P. Morgan Chase, Bank of America and Citigroup said Friday they are no longer allowing customers to buy cryptocurrencies using credit cards. Bank lobbyists are pushing regulators hard for uniform rules around cryptocurrency-focused lenders and other companies that transfer money and.
