I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks
there are so many people who are doing the same thing, and that causes the NPL (Not performing loan) in the bank to increase. This is certainly not a positive thing for all banks. Therefore, they decided to prohibit the purchase of cryptocurrency transactions using credit cards because they are considered to be a very high risk for the drop in profits due to the high NPL value.