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Barclays Slams the Brakes on Crypto: Credit-Card Purchases Banned Effective Friday

Barclays Slams the Brakes on Crypto: Credit-Card Purchases Banned Effective Friday

Author:
Coindesk
Published:
2025-06-25 16:31:03
8
1

Barclays to Ban Credit-Card Crypto Purchases Starting Friday

Barclays just dropped a regulatory nuke on crypto enthusiasts—no more credit-card purchases starting this Friday. The move reeks of traditional finance's love-hate relationship with digital assets.

Why now? The bank's playing it safe—or just scared. Either way, it's another hurdle for retail investors trying to ride the crypto wave.

Banks giveth, banks taketh away. One day they'll offer crypto custody, the next they'll cut off your funding rails. Classic Barclays—always late to the party, early to the exit.

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