CBA bans customers from using credit cards to buy bitcoin

in #bitcoin6 years ago

All CBA who purchase Bitcoin BE AWARE
The COMMONWEALTH BANK has BANNED people using credit cards to buy Bitcoin. Don't even use your account to buy it! They are putting aside 375 Million to fund fines to place on their customers and are trying to stop criminals from laundering money and terrorism.

Pontiff money laundering has been happening since money was invented. Now that there is a new form of currencies that the banks or governments can't fully control they are not liking it! Well How about you tell the world how much you've truly ripped off all your customers since the beginning of time and control us in every way shape of form about what we do with our money.

Or how about you tell the world how technically once our money is in our banks accounts you guys have all rights over our money? Yeah you never say that in the fine print when we open up a savings account .

The Commonwealth Bank has banned its customers from buying bitcoin on credit cards after the recent plunge in the cryptocurrency's value, saying such purchases are no longer "appropriate."

The country's largest bank on Wednesday started sending text messages alerting affected customers to the ban, which follows similar action by large banks overseas in the wake of a more than 50 per cent plunge in bitcoin's value from last year's peaks.

Sort:  

The most needed thing in this life keep it up man 😍

This is what they do when they don't have any authority on the money of the people.

Good job...

its too early decision as i think at that time. its too late by the way why at that time all bank support btc and crypto? @funny-gifs its my serious question?

Nice to See you all in my post thank you .

They can do whatever they want to but they can't block cryptocurrencies now.. its too late for them. they were late to react.. infact it was never stopable..

Hi,
Nice to read about you and you posts and views. I am into steemit from august 2017, I am interested in photography and I am also into crypto trading and investing,I have followed you so you can also follow me. Let us all join hand and work with one common objective to make steemit reach to great height.
Best Of luck
Teenovision

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 61372.42
ETH 2928.56
USDT 1.00
SBD 3.66