The digital currency Litecoin is witnessing attempts to rise today, after having recorded five consecutive weeks of decline, in light of the open sales on digital currencies in light of the tightening of the global governments to exchange digital currency.
Lloyds Banking Group said on Sunday it would prevent credit card customers from buying Bitcoin and other digital currencies.
The UK's largest mortgage lender will ban credit card customers from buying the Bitcoin amid fears of heavy losses, the Telegraph reported.
The paper said the company would block any attempts to buy Bitcoin using a credit card from Monday, but digital currency could be purchased through debit cards.
The newspaper Telegraph said that the bank's credit card customers will be banned from purchasing Bitcoin online through a blacklist that informs sellers.
The paper said the company feared that the owners of the credit cards would buy the Bitcoin in the hope of making a profit when it is worth increasing, but it will be debt-laden if it falls.
British Prime Minister Teresa Mae said Britain should seriously consider digital currencies such as Bitcoin because of how criminals could use it.
The intraday price of Litecoin rose slightly to trade at $ 147.70 after opening at $ 147.51 and recorded a high of $ 151.80 and a low of $ 140.50.