đŤÂ BARCLAYS BANS CRYPTO CREDIT CARD PURCHASES Starting TODAY
Starting this Friday, Barclays credit card users in the UK will no longer be able to buy crypto.
Why? Barclays says itâs about protecting customers from volatility and debt - claiming crypto purchases could leave users unable to repay what they owe. But letâs be real...
This move drops as the UK debates a wider crackdown on using credit to buy crypto. The FCA wants restrictions. The Payments Association is pushing back, saying crypto â gambling and people should be trusted to make informed choices. This isn't just about fees or risk. Itâs about control. Banks donât like what they canât regulate - and crypto is the wild card they canât tame.
Crypto thrives on freedom and self-custody. Nowâs the time to remember: not your keys, not your coins - and maybe soon, not your credit either.
The rails are shifting. Stay ahead of them. #Barcleys #CryptoMarketNews #UK #CryptoMarketWatch #CryptoBan