Post
Topic
Board Economics
Re: Cryptocurrencies and credit cards
by
Soots
on 09/07/2018, 13:21:55 UTC
Hello, I open this post to ask if there is any prohibition or regulation regarding cryptocurrencies and credit cards.

They told me that there is a prohibition on credit cards with cryptocurrencies.

That you could not buy cryptocurrencies with credit.

I use Bank of America. Will I have problems if I use this card to join my Wallets as CoinBase and Poloniex?
purchasing crypto with my credit card we will not have a problem because all will be paid in accordance with financial ability only, no problem in my opinion, provided you pay at the bank time tepar so able menyicil tangungan without any additional burden again because too late, hopefully useful and successful for all of us

In that case it all depends on the crypto to buy, when they need a kyc  then that's a problem if ever credit cards wasn't accepted. Some developed western countries wouldn't allow credit cards to be used to purchase cryptocurrency specially an ICO project, because there's a regulations between fiat banking and the authority. Hopefully we'll be able to find comfort that cryptocurrency will become legally be used as long as you're financially capable to hold a digital assets.