Bitcoin price plummets as Virgin Money bans buying cryptocurrency on credit cards

Bitcoin price plummets as Virgin Money bans buying cryptocurrency on credit cards
 

The value of bitcoin has fallen from $19,850 in December to $6,575 after the value of the cryptocurrency halved in less than two months.
Banks are concerned customers will run up huge debts due to the volatility of cryptocurrencies.
It is thought hundreds of thousands of people invested in bitcoin last year as the digital currency’s value soared in the final months of 2017. 
Bitcoin value reached $19,600 in December, before rapidly falling to less than $6,000 today.
Virgin Money's spokesperson said: "Following a review of our policies, I can confirm customers will no longer be able to... read more

 
6 February 2018 in Business, Views: 45
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