JP Morgan Chase has banned credit-card purchase of crypto
Jamie Dimon, the CEO of JP Morgan Chase, has never been a fan of crypto: "I've always [said] about bitcoin... governments are going to crush it one day. Governments like to know where the money is, who has it and what you're doing with it..." Of course, Dimon would like to crush it first.
In light of this recent move by JP Morgan Chase, a new GekeVenn has been produced:
Not only that what you did purchase in crypto with them are now "cash advances" claiming that bitcoin and crypto is a valued currency and you get stuck with massive fees because of the change. Way to go crappy money grubbing banks
Now thats a bad news for crypto market.Lets hope for the best.@upvoted
Such steps can be very harmful to the already-falling prices of Cryptocurrencies.
good post
thanx for sharing
That is a sheer bad news for the cryptocurrency related people.If thats break out then it will be a another down fall.Now people can only pray for their crypto currency.