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Taiwan Will Ban Purchasing Crypto With Credit Cards

July 24, 2022
Source: dcforecasts.com dcforecasts.com
News Snapshot:
Taiwan will ban purchasing crypto with credit cards and the country cautioned the credit card providers to stop processing crypto purchases because of crypto’s speculative nature so let’s read more today in our cryptocurrency news today. Taiwan will ban purchasing crypto with credit cards and the Taiwanese Financial Supervisory Commission thinks that cryptocurrencies are risky and speculative assets which is how they come to their decision. According to local reports, the FSC sent a letter to the Taiwain’s Association of Banks that asked credit card companies to stop facilitating payments for the crypto merchants. The regulator wants card providers to...
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Tags: audit | ban | bank | bitcoin | blockchain | boycott | BTC | China | commission | credit | credit card | crypto | cryptocurrency | currency | digital | fake | finance | financial | fintech | fraud | gambling | IT | retail | stocks | Taiwan

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