Various banks all over the world prevent their customers from buying or selling cryptocurrency. That is not a positive development, as people should be free to spend their money as they please.
Unfortunately, that is not how the world works right now. Capital One is the latest bank on a growing list of banks blocking cryptocurrency-related transactions.
Various complaints can be found across all of social media as we speak. It is not the first time a major bank has decided to not process customer requests related to Bitcoin or other cryptocurrencies.
These incidents usually involve people looking to buy Bitcoin, but they can also pertain to those individuals selling cryptocurrency. In the case of Capital One, one of the biggest US banks, it is no longer allowing users to buy crypto.
As is usually the case, your individual mileage may vary when it comes to using this bank’s payment methods as of right now. We have been informed by multiple users that Capital One has prevented them from buying Bitcoin. Read more from themerkle.com…
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