USA: Banks prevent purchase by Kryptowährungen

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as the news service Bloomberg reported announced several large U.S. banks, that they at least from today’s Sunday because of possible More products from Kryptowährungen using their credit cards allow no purchase exchange rate losses. Customers of these banks must use one of the offered debit cards for such transactions, the purchase price is immediately debited from the bank account of.

Customers of U.S. investment banks JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp. can purchase more with their credit cards as of today no Kryptowährungen. The companies want no “ falling knife more finance ‘ claims, as it was called. Bank of America stops buying since last Friday. The spokeswoman for Citigroup, Jennifer Bombardier, was quoted, you will now check the in-house guidelines because the crypto market has developed rapidly.

The new lock applies to credit cards by private as well as corporate clients. Kryptowährungen can be bought but still with the so-called debit cards, because while the amount will be debited immediately from your account. For the Bank as also the credit card operator, no risk arises therefore by purchasing to billing due to possible fluctuations. The credit card companies have fears they could remain seated due to the large losses of various coins at their expense.

The lock of also have their own security is intended for the owners of credit cards, because this also criminals with stolen credit cards to purchase no Kryptowährungen. Also the banks were prompted by the authorities recently, to make visible all transactions of their clients. In the case of purchase of Kryptowährungen can but not more effectively follow the authorities of trace the money.

David Nelms, the CEO of the U.S. financial service provider discover, said Bloomberg already interview in a the end of January, there were good reasons for such a credit card lock. His company was also not interested in the crypto market and also would not support it. Whether this setting in the future will change, depends on but the needs of the majority of its customers, so Nelms. Remains to be seen, whether in this respect still a change will take place.