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Barclaycard will ban credit card Crypto Assets transactions in June 2025.
[Chain News] PANews June 25 news, according to the official website, starting from June 27, 2025, Barclaycard will no longer allow the use of its credit cards for Crypto Assets transactions. Barclaycard stated that this move is to prevent the risk of users being unable to repay debts due to fluctuations in Crypto Assets prices, and pointed out that Crypto Assets are not protected by the Financial Ombudsman Service and the Financial Service Compensation Scheme.
Barclaycard is a well-known credit card brand in the UK, belonging to Barclays Bank, providing various credit cards and Financial Services for individual and corporate clients.