J.P. Morgan Chase and Bank of America Ban Credit Card Crypto Purchases
Customers holding credit cards with Bank of America (NYSE:BAC), J.P Morgan Chase (NYSE:JPM) and Citigroup (NYSE:C) are now unable to purchase cryptocurrencies with their credit cards. CNBC was the first to report this news yesterday as all three banks confirmed their ban. A representative at J.P Morgan Chase told CNBC: “At this time, we are…