One Of The Biggest CRIMINALS In Banking, Wells Fargo, bans Cryptocurrency Purchases On Its Credit Cards

Wells Fargo

PC: MIKE MOZART

Add Wells Fargo to the ever-growing list of banks that are banning Cryptocurrency purchases on its credit cards.

As of press time Citigroup Inc., JPMorgan Chase & Co. and Bank of America Corp have all prohibited purchases via credit card. According to Bloomberg, lenders are worried they’d be left on the hook if a borrower lost money on a digital currency bet and couldn’t repay, they also cited market volatility and credit risks.