Bank of America and JPMorgan reject payments for purchased cryptocurrencies by credit card

Home » ALTCOINS » Bank of America and JPMorgan reject payments for purchased cryptocurrencies by credit card
Bank of America and JPMorgan  reject payments  for purchased cryptocurrencies by credit card

Large US financial organizations,  such as Bank of America and JPMorgan began to reject payments for the purchased cryptocurrencies, carried out by their customers, who were using credit cards.

JPMorgan began to prohibit such transactions on February 3 because of “fears associated with credit risks.” Bank of America began the same unpleasant procedure a day earlier – transfers have been declined since February 2.

It is noted that the ban of Bank of America applies exclusively to credit cards. Customers who wish to purchase digital assets using debit cards can still do so. In addition, JPMorgan and Bank of America are concerned that customers can buy more cryptocurrency than they can afford. Other big banks are collecting or have already raised the commission for the purchase of digital assets.

  • bitcoinBitcoin$3,616.04
  • rippleXRP$0.324409
  • ethereumEthereum$120.22
  • tetherTether$1.00
  • eosEOS$2.44
  • stellarStellar$0.105974
  • litecoinLitecoin$31.13
  • cardanoCardano$0.043837
  • tronTRON$0.023937
  • moneroMonero$45.00
  • iotaIOTA$0.309851
  • nemNEM$0.056171
  • dashDash$70.32
  • neoNEO$7.57
The complexity Bitcoin mining is growing
As a result of the next recalculation of the complexity of mining Bitcoin on the night of January 14, this figure increased by almost 5%. The complexity of mining is a parameter of the blockchain network, which shows how difficult it is to perform a mathematical calculation to find a new unit and, accordingly, to […]
2019-01-18 0 3
Bitcoin volatility fell by 98% over the year.
Since January last year, the first cryptocurrency volatility has decreased by 98%. So, if on January 16, 2018, this figure was $ 3,468, then a year later – only $ 61, notes CoinDesk Markets analyst Omkar Godboul. The daily volatility over the past year decreased from 9.1% to 3.6%, although on December 16, 2018 was […]
2019-01-17 0 6
Will Ethereum hard fork Constantinople be launched this week?
Ethereum, one of the largest and most influential blockchains in the world, is planning to improve its code in the near future. A massive system upgrade, or hardfork, called “Constantinople” will include a number of technological improvements called to enhance practicality and the architecture of smart contracts. The Ethereum community will make a final decision […]
2019-01-15 0 27
The Brit​ish citizen was trying to buy a gun with cryptocurrency
David Mitchell, a 48-year old British citizen, was arrested by the US police after an attempt to purchase a gun with cryptocurrency via the dark web. Mr. Mitchell was planning to buy a Glock 9mm pistol which costs around £2,000. The man explained to the court that he was curious whether it is possible to […]
2019-01-14 0 16
© 2017–2018