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.
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Thomas Dishaw is an activist and the editor of govtslaves.info. He has written for naturalnews.com and has been the subject of numerous hit pieces published by The Daily Mail, New York Daily News, Forbes and Gawker. Thomas currently resides outside of Philadelphia, PA with his wife and dog. You can support Thomas' work by making a donation below or purchasing some gear from the Gov't Slaves Store. You can reach Thomas via email at email@example.com or follow him on Instagram.