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Commonwealth Bank blocks credit card purchases of digital currencies

( February 14, 2018, 14:00 GMT | Official Statement) -- MLex Summary: Australia’s Commonwealth Bank has blocked its customers from purchasing virtual currencies with credit cards it issues, effective as of Feb. 14, although they can continue to buy and sell the currencies using debit cards and other Commonwealth bank transaction accounts. The bank said the decision was taken because highly volatile digital currencies did not meet minimum regulation and reliability standards.The bank’s full statement follows:...

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