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Lloyds Bank customers banned from buying Bitcoins on credit cards

There is a good chance that you have heard or read about Bitcoin.

It has been reported by the Guardian that Lloyds Banking Group have now banned customers from purchasing the cyrptocurrency on credit cards. The Guardian also reported that a spokesperson for Lloyds commented “Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies.”

Will this affect you? Do you think that Lloyds Banking Group have made the right decision?