Crypto Bans

Following recent announcements by JPMorgan (NYSE:JPM), Bank of America (NYSE:BAC) and Citigroup (NYSE:C), customers will not be allowed to purchase cryptocurrency on their credit cards. Lloyds Banking Group, the largest bank in the United Kingdom, has now joined its American counterparts in the “anti-crypto campaign”.

>>J.P. Morgan Chase and Bank of America Ban Credit Card Crypto Purchases

Credit cards issued by Lloyds — including those from Halifax, Bank of Scotland, and MBNA — will be blocked from making crypto purchases through an online blacklist that will flag sellers. However, customers will still be able …

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