-Bank of America began Declining all Crypto purchases through known exchanges on Friday Feb. 3rd/18
-Citi Group Inc. declared late Friday that it will halt crypto currency transactions on both business and personal credit cards.
-J.P. Morgan brought forth their ban on Saturday Feb. 4th/18
CapitalOne stated "to verify the compliance of international wire transfers for cryptocurrency accounts,” and thus is putting all present and future transactions on hold. The move is allegedly in response to an incident of international fraud involving one of the bank’s clients from just days ago. For now, it is unclear when or even if the bank intends to release its hold on such transfers or purchases.
This is just another example of Fraudsters not wanting competition from a Decentralized format of payment system.
