British bank Barclays prohibits

purchasing cryptocurrencies with credit cards

on June 27, 2025

Barclaycard users will no longer

be able to conduct

transactions with cryptocurrencies

using their credit

cards. This was reported

on the bank's website in the

credit card section. Barclaycard stated

that they will block such transactions,

acknowledging the significant risks

associated with acquiring

crypto assets, particularly due to their

volatility.

"We are doing this because a drop in the price

of crypto assets can lead

to customers ending up

in debts that they cannot

repay," explained Barclayc.