Crypto Crunch: Why One of Britain’s Biggest Banks Is Saying No to Digital Assets

Starting June 27, Barclays will prohibit cryptocurrency transactions using Barclaycard credit cards, citing risks associated with purchasing cryptocurrencies. Barclays Cites Cryptocurrency Volatility Effective June 27, Barclays clients will no longer be able to conduct cryptocurrency transactions using Barclaycard credit cards. The bank stated it made this decision because “there are certain risks with purchasing crypto-currencies.” […]