Credit card ban crypto currentcy

credit card ban crypto currentcy

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coinformail.com � news � south-korea-proposes-ban-crypto South Korea's Financial Services Commission wants to ban local citizens from purchasing cryptocurrencies with credit cards. The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards.
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  • credit card ban crypto currentcy
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    calendar_month 07.11.2020
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Jamie Crawley. The regulator wants to expand the scope of prohibited credit card payments to add crypto exchanges to prevent foreign currency outflow and prevent money laundering, it said in a note on Thursday. Follow Us. Earlier, Taiwan already banned the use of credit cards for crypto purchases and even asked banks and credit card companies not to partner with cryptocurrency service providers as merchants.