Barclays is a London-based universal bank and one of the United Kingdom’s largest credit-card issuers.

Quotes that support claims

The UK banking giant cited concerns over market volatility and consumer debt risks, arguing that sudden price drops could leave cardholders unable to repay borrowed funds.

One of the U.K.’s biggest banks has become the latest to prohibit cryptocurrency transactions with its credit cards, citing concerns over irrecoverable losses for customers.