No more buying bitcoin with credit cards?

Looks like a bunch of banks are going to ban (or already have banned) buying bitcoin with credit cards ... let the FOMO intensify.

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Top five banks have already done so at week's end. That's not going to help the falling crypto prices. Might help some of the fools who are over-leveraging and won't be able to pay the credit cards off. 

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I think this is less about banks being worried about people paying off their debts than it is about the responsibility they might have for any money laundering going on once someone buys crypto with their credit card. Chain of accountability here in an unregulated mess.

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So if Citi, JP Morgan, Capital One, Discover and Bank of America have banned it, does that mean you can still buy it with credit cards from other banks?

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don't know about that, but this is all very dynamic so likely other banks will follow suit soon. 

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already hurting, so much for the slight recovery Saturday. BTC down to 8,204 right now...

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