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Scotiabank Bans Bitcoin Purchases with Payment Cards

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Various banks have begun preventing customers from purchasing cryptocurrencies with their payment cards. It seems this trend will not slow down anytime soon. Scotiabank is the latest institution to take this aggressive course of action, even though their reasons for doing so may raise a lot of questions in the end. Scotiabank Blocks Cryptocurrency Purchases … Read more

Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

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While TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten TD Bank Halts Crypto Credit Card Purchases Canada’s largest bank … Read more

Bank of America Acknowledges the Threat Posed by Cryptocurrency

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For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, … Read more

Islamic Republic of Iran to “Control and Prevent” Growth of Cryptocurrencies

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جمهوری اسلامی ایران‎ The Islamic Republic of Iran has apparently changed course on cryptocurrency, or perhaps it has clarified its real position previously mischaracterized by the press. It’s increasingly difficult to get a real handle on the official status of crypto in the Persian homeland.   Also read: How To Regain Control From Nanny Zuck Iran … Read more

Coinbase Users Hit with Multiple Payment Card Charges – Is Visa to Blame?

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Being one of the world’s most popular cryptocurrency exchanges is not something to take for granted. Coinbase has experienced first-hand how difficult it is to maintain this mantle. While the company tends to make a lot of media headlines, not all of them are positive. With users now complaining about being charged multiple fees for buying Bitcoin … Read more

Citibank India to Not Permit Card Customers Purchasing or Trading Crypto

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Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over a century old institution is following a growing number of traditional banks in cutting off access to … Read more

Will Bitcoin Become the New Visa?

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Over the last 12 months, you’d be forgiven for thinking that Bitcoin has become the new black. It’s escaped the underground and is, at last, a household name. Disclosure: This is a Sponsored Article Now, for nothing more than a long number, you can book flights to the other side of the world, buy a … Read more

Bank of America Becomes the Latest Credit Card-Issuer to Ban Bitcoin

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U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases … Read more