Three major US banks, JP Morgan, Bank of America and Citi, have banned Bitcoin trade using their credit cards.
US banks are preventing customers from making credit card purchases for Bitcoin because the price fluctuations are continuing on the biggest crypto paradise
Three big American banks forbid Bitcoin shopping
According to CNBC, JP Morgan Chase and Bank of America will ban Bitcoin's purchases, which have suffered major losses since the last year. According to Bloomberg, Citigroup also joined the bill.
Credit card providers that allow transactions with crypto money exchanges may be at greater risk than ever due to the tremendous volatility of assets.
Yesterday, the price of Bitcoin fell below $ 8,000 for the first time since it rose to almost $ 20,000 in December.
JP Morgan's CEO, Jamie Dimon, is among the most obvious skeptics in digital currencies.
Nouriel Roubini, a New York University economist who predicted the financial crisis, said that Bitcoin is "the biggest of all bubbles."