Monday, February 5, 2018

Bitcoin Ban Expands Across Credit Cards

Why would you use a credit card to buy Bitcoin?

JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. said they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards. JPMorgan, enacting the ban Saturday, doesn’t want the credit risk associated with the transactions, company spokeswoman Mary Jane Rogers said.