Several UK lenders have taken similar steps. In 2023, JPMorgan Chase’s UK division banned card-funded crypto purchases after a surge in scam claims.
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Barclays to block crypto purchases via credit cards from June 27 over fraud and volatility fears
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Barclays’ decision to block all cryptocurrency purchases made with Barclaycard credit cards from 27 June 2025 places the bank alongside JPMorgan, Bank of America, Chase UK and Starling, which already forbid or heavily restrict card-funded crypto trades.
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