PANews reported on June 25 that according to the Barclaycard official website, starting from June 27, 2025, Barclaycard will no longer allow the use of its credit cards for cryptocurrency transactions. Barclaycard stated that this move is to prevent the risk of users being unable to repay debts due to price fluctuations of crypto assets, and noted that crypto assets are not protected by the Financial Ombudsman Service and the Financial Services Compensation Scheme.
Barclaycard is a well-known credit card brand in the UK, belonging to Barclays Bank, providing various credit cards and financial services for personal and business customers.
