Post
Topic
Board Press
Re: [2018-02-05] UK Bank LLoyds Doesn’t want Anyone Buying The Bitcoin Dip
by
Zitudent
on 05/02/2018, 13:05:35 UTC
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.