Wells Fargo customers, who are planning to use credit cards to buy Bitcoin, will now have to look elsewhere, according to Bloomberg.
The fourth largest bank in the US, which decides to ban crypto money with credit cards
Wells Fargo said that Citigroup, JPMorgan Chase, and Bank of America, which restricted cigarette purchases with credit cards in February, citing market volatility and credit risks, said Shelley Miller, a spokesman for Wells Fargo. .
In a survey conducted by Lend EDU last year, about 18 percent of Bitcoin investors were using credit cards to finance their purchases.
Lead crypto coin Bitcoin has lost a large portion of its value and has been tied up to $ 6,650.
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