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5 Major Banks ban customers from buying cryptocurrencies on their credit cards.

Lloyds Banking Group, a UK commercial and retail bank, has banned Lloyds Bank, Halifax, Bank of Scotland, and MBNA customers from buying cryptocurrencies on their credit cards. However, the ban does not apply to debit cards; Lloyds’ decision comes after falling prices in the value of cryptocurrencies, which prompted concerns over unpaid debts.

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