TD Bank to Halt Cryptocurrency Purchase Using Credit Cards
TD Bank The Latest to Halt Cryptocurrency Purchases Using Credit Cards
Toronto-Dominion (TD) Bank is the latest financial institution to ban customers from using their credit cards to purchase cryptocurrency.
As more retail investors continue to be onboarded, banks are looking to protect them from making ignorant decisions.
Weighing Risk, Regulation, and Rapidity In a recent move that has become common from banks, TD Bank is effectively halting the use of credit cards to purchase cryptocurrency.
Originally still permitting purchases even after the first move.
People will just transfer the money from their credit cards to their debt cards and buy cryptocurrencies, or they can just open credit accounts elsewhere.
Yeah alternatives are what we can look at.
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