This ban might stop the Lloyds customers to buy cryptocurrencies via Coinbase or via services similar to Coinbase.I`m wondering how can Lloyds stop their customers to buy cryptocurrencies via Localbitcoins.com.
It`s impossible.The localbitcoins transaction will look like any other bank transaction and the btc seller will release the btc from escrow.Anyway,such news will push the cryptocurrency prices down.
I agree with that. But preventing people buying high risk asset with credit card could be the right move.