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JPMorgan Chase, Bank of America, Citi Halt purchases of Bitcoin/Cryptocurrency with Credit Cards
JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. said they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards starting immediately. More
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Cryptocurrency Market Falling — But Big Corporations Secretly Building on Blockchain?…
Major corporations are taking actions to prevent people from investing into cryptocurrency. Jp Morgan Chase, Bank of America, and Citi all have banned the use of their credit cards to purchase Bitcoin or cryptocurrency. Speculators and stock investors describe Bitcoin as a bad investment. Meanwhile… More
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Bank of America CEO Brian Moynihan: We have tons of blockchain patents
Despite some negative speculation in the cryptocurrency space, banking Giant Bank of America has dozens of blockchain patents More
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Bank of America, Citi, others consider blocking bitcoin purchases with their credit cards
Bank of America and other major consumer-facing lenders are assessing the use of credit cards to purchase bitcoin and other virtual currencies, which could result in restrictions or limits. A Bank of America BAC, +0.00% spokeswoman in San Francisco told MarketWatch that the bank was “reviewing its policies” related to the purchase of such crypto assets as bitcoin BTCUSD, +1.83% but […] More
