BTCC
/
BTCC Square
/
CoindeskEN
/
Barclays Pulls the Plug: Credit-Card Crypto Purchases Blocked Effective Friday
Barclays Pulls the Plug: Credit-Card Crypto Purchases Blocked Effective Friday
12
2
Another bank folds under regulatory pressure—Barclays slams the brakes on crypto via credit.
No more 'buying the dip' with borrowed money? The UK banking giant quietly drops the hammer ahead of the weekend.
The Fine Print:
No official reason given, but insiders whisper about 'risk management' (read: banks hate competition from decentralized finance).
What's Next?
Debit cards still work—for now. But expect more banks to follow suit as traditional finance fights to keep control of your money flow.
Closing thought: When banks ban speculative assets, maybe it's time to ask why they still allow credit-card gambling...
By:
Previous
Ethereum’s Game-Changing Proposal: Turbocharging Network Speed in 2025
Next
Ethereum’s ’Identity Crisis’ Isn’t Chaos—It’s Decentralization Unleashed (2025 Update)
