Barclays (BARC) to Ban Crypto Purchases With Barclaycard Starting June 27

Barclays (BARC) to Ban Crypto Purchases With Barclaycard Starting June 27

Barclays has said it will block cryptocurrency transactions on Barclaycards from June 27 because of "certain risks" when purchasing crypto.

Barclays to Block Crypto Transactions on UK Bank Cards

Barclays Bank will ban cryptocurrency purchases with its bank cards from 27 June 2025, citing debt risks and lack of consumer protections.

Barclays to ban crypto transactions on credit cards from Friday - WorldNL Magazine

The move comes as a debate is unfolding in the UK on whether users should be allowed to buy cryptocurrencies with credit cards. United Kingdom-based bank Barclays will begin blocking crypto transactions made through its Barclaycard credit cards starting Friday, citing risks associated with cryptocurrencies volatility.According to the bank's website, the decision was based on concerns over volatile token prices and the lack of regulatory guardrai…

Barclaycard Bans Crypto Purchases with Credit Cards from 2025

Barclaycard is set to join a growing list of UK financial institutions restricting cryptocurrency purchases with credit cards. From June 27, 2025, Barclaycard customers will no longer be able to use their credit cards to buy cryptocurrencies, citing risks associated with crypto investments. The decision comes as Barclays acknowledges the potential for significant price volatility in the crypto… Source

UK’s Barclays To Block Credit Card Crypto Purchases From June 27 Over Debt Concerns

Barclays bans crypto buys via credit cards starting June 27 due to rising debt concerns. Crypto assets lack UK protection schemes prompting Barclays to block card-based purchases. Barclays holds $131M in BlackRock’s Bitcoin ETF while restricting retail crypto transactions. Barclays, one of the largest banks in the United Kingdom, will ban its customers from buying cryptocurrencies using their credit cards starting June 27. The decision, which wa…

Barclays Halts All Crypto Transactions via Bank Cards

Barclays bans all crypto transactions via cards, effective June 2025. Decision due to crypto volatility and lack of insurance protection. Continue Reading:Barclays Halts All Crypto Transactions via Bank Cards The post Barclays Halts All Crypto Transactions via Bank Cards appeared first on COINTU...