Major Banks Ban Using Credit for Crypto

News
Mon, 02/05/2018 - 06:39
Alex Dovbnya
Cover image via U.Today

Bank of America, Capital One, Citigroup, Discover and J.P. Morgan, have announced or implemented bans on using credit to purchase digital assets. JP Morgan, who enacted their ban yesterday (Feb. 3, 2018), said they are doing this to eliminate credit risk on transactions.

 

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