JPMorgan Chase, Bank of America and Citigroup imposed restrictions on the purchase of bitcoin

Three largest US bank corporations have introduced a ban on the bitcoin purchases with credit cards. According to JPMorgan Chase, Bank of America and Citigroup, these restrictions are related to the instability of the cryptocurrency rate.

High volatility of bitcoins leads to the fact that customers do not always manage to return to the card the amount spent on the bitcoin purchase . At the moment, restrictions apply to credit cards of individuals and legal entities. This prohibition did not touch debit cards.

Let us recall, trading in JPMorgan Chase, Bank of America and Citigroup shares is available during the American trading session, from 14:00 to 21:00 GMT.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions