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Maria Maria Sat Mar 30 2024 | 8 answers 1717

Why is my bank stopping me buying crypto?

I've been hearing a lot about cryptocurrency lately, and I'm interested in investing. But when I tried to buy some with my bank account, they blocked the transaction. I'm confused and frustrated. Why is my bank stopping me from buying crypto? Is it because they don't understand it? Are they worried about the risks? Or is it just because they're outdated and don't want to deal with new technology? I'd like to know more about their reasons and if there's anything I can do to make it possible for me to invest in crypto through my bank account.

Why is my bank stopping me buying crypto?

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