TORONTO – The Coffer of Montreal has chock-full acceptance barter to use its acclaim cards to buy cryptocurrency such as bitcoin.
The coffer says it no best allows retail consumers to buy cryptocurrencies application Mastercard-branded acclaim or debit cards.
The bank’s accommodation follows a move by TD Coffer aftermost ages to stop acceptance barter to use its acclaim cards to buy cryptocurrency.
TD said it fabricated the accommodation to conduct a analysis and appraisal of the evolving market.
The decisions chase moves by several U.S. banks to stop acceptance acclaim agenda purchases of bitcoin and added cryptocurrencies.
The amount of bitcoin soared aftermost year, trading for added than $20,000 per bitcoin, but has back appear off its best highs and now trades for beneath than $11,000.
Companies in this story: (TSX:BMO, TSX:TD)
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