Barclays to block crypto purchases via credit cards from June 27 over fraud and volatility fears
Companies
• June 25, 2025, 10:31AM EDT
Quick Take
Barclays joins other UK lenders to ban customers from buying bitcoin and crypto with bank cards.
Barclays will block cryptocurrency acquisitions made with credit cards starting June 27, warning that wild price swings can push cardholders into unmanageable debt and citing the lack of consumer protection as key factors.“There's also no protection for crypto assets if something goes wrong with a purchase, as they're not covered by the Financial Ombu...
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