🎯 The largest Canadian bank TD Bank has banned the purchase of crypto currency by credit cards
💳 Toronto-Dominion Bank (TD), one of the largest banks in Canada, informed its customers by e-mail that the purchase of credit cards using credit cards will be banned.
Anyway, I am leaning to thinking that crypto is not compatible with credit cards, you can rollback a credit card transaction and then what can they do if you already have your crypto? This is why I am thinking that they will be disallowing the credit cards purchases.
But not necessarily they are against all crypto. It is simply a thing of crypto/credit card incompatibility.
A lot of banks have already did this, so it isn't a news anymore if a bank does that. And other than that not many exchanges offer the choice to purchase with credit card in the first place. Banks are doing this just to protect themselves from fraud.