Barclaycard blocks credit card crypto purchases
Brits will no longer be able to buy cryptocurrency with their Barclaycard credit cards from later this week.
Editorial
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
In a notice on its website, the Barclays brand says: “From 27 June 2025, we’ll block crypto-transactions made with a Barclaycard because we recognise there are certain risks with purchasing crypto-currencies.”
Those risks, says the card giant, include the fact that “a fall in the price of crypto assets could lead to customers finding themselves in debt they can’t afford to repay”.
Barclaycard also notes that there is no protection for crypto if something goes wrong with a purchase…
