UK Banks Divided Over Credit Card Purchases For Crypto

Banks in the UK are giving mixed signals to cryptocurrency investors. Some have announced that they will no longer allow purchases to be made for digital currencies such as Bitcoin and Ethereum using their credit cards. Meanwhile, others have stated that they will enforce no such ban and as long as the transactions made abide by anti-money laundering legislation, purchases will still be possible.
Europe’s largest bank, HSBC, stated:
“In countries where use of virtual currencies is pe