Barclays Blocks Crypto Buys With Credit Cards, Citing Risk and Scams

TL;DR Barclays will block cryptocurrency purchases with credit cards starting June 27 to reduce debt risks for its customers. JPMorgan Chase, Lloyds Bank, and TBC Bank had already imposed similar restrictions in the UK after a surge in scams and due to the market’s high volatility. While banks tighten controls, Mastercard is moving forward with. . . source: https://crypto-economy.com/barclays-blocks-crypto-buys-with-credit-cards-citing-risk-and-scams/