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Canadian Banks ban cryptocurrency buys - Canadians have the answer
Earlier this week, BMO Financial Group (Bank of Montreal) has banned credit and debit card customers from buying cryptocurrencies, another blow for the crypto-traders who recently saw a sizable number of banks deciding not to finance the cryptocurrency asset class. BMO’s decision followed several of the biggest Canadian banks banning cryptocurrency transaction over the past few months, as part of a global crackdown led by major lenders and credit card issuers.