Chase, Bank of America, and Citigroup All Ban Cryptocurrency Purchases on Credit Cards
Some of the world’s largest banks announced on Friday that customers are now prohibited from buying cryptocurrencies with credit cards, citing market volatility. Per CNBC, J.P. Morgan Chase, Bank of America, and Citigroup all announced the new restrictions as the price of Bitcoin plummeted to below $8,000 on Friday, less than half of the high…