Capital One Refuses to Let Customers Buy Cryptocurrency From Any Exchange

Capital One Refuses to Let Customers Buy Cryptocurrency From Any Exchange: Capital One Refuses to Let Customers Buy Cryptocurrency From Any Exchange. Various banks all over the world prevent their customers from buying or selling cryptocurrency. That is not a positive development, as people should be free to spend their money as they please. Unfortunately, that is not how the world works right now. Capital One is the latest bank on a growing list of banks blocking cryptocurrency-related transactions. Various complaints can be found across all of social media as we speak. CAPITAL ONE REFUSES TO PROCESS BITCOIN TRANSACTIONS It is not the first time a major bank has decided to not process customer requests related to Bitcoin or other cryptocurrencies. These incidents usually involve people looking to buy Bitcoin, but they can also pertain to those individuals selling cryptocurrency. In the case of Capital One, one of the biggest US banks, it is no longer allowing users to buy crypto. As is usually the case, your individual mileage may vary when it comes to using this bank’s payment methods as of right now. We have been informed by multiple users that Capital One has prevented them from buying Bitcoin. This mainly applies to people who rely on the Coinbase exchange, although it seems likely other exchanges will be affected by this development as well. More specifically, people using a Capital One credit card have a higher chance of running into problems right now than those relying on a regular bank transfer. However, neither payment method is reliable as of right now. Capital One users who try to purchase Bitcoin or other cryptocurrencies right now will notice that their transactions are not being processed. Unlike other banks, this particular financial institution seemingly doesn’t notify customers regarding blocked transactions either, which is rather worrisome. Instead, users will find out when the exchange contacts them directly regarding the transaction seemingly not coming through. It’s a pretty annoying turn of events, especially because there was no prior indication that Capital One would be taking such an aggressive stance. According to one Reddit user, he got in touch with Capital One to ask what was going on. The response he received was that all exchanges have been officially blocked by the bank as of this week. There will undoubtedly be some platforms which can still be used in conjunction with a Capital One credit card or bank account, but it may prove difficult to find such companies right now. It is evident the banking system has no love lost for cryptocurrencies, and financial institutions will continue to crack down on this type of activity for quite some time to come. All of this further confirms that big banks are slowly becoming useless when it comes to buying cryptocurrencies. Instead, credit unions may be the best option for any US customer looking to get their hands on Bitcoin or any other cryptocurrency capable of being purchased with fiat currency. Whether or not this news will lead to people switching from Capital One to a completely different bank or institution remains to be determined, though. The big question is why Capital One has made this decision all of a sudden. It is certainly a move that will upset a lot of people and create some negative PR at the same time. While cryptocurrency may still be considered a niche market right now, interest in Bitcoin and altcoins has never been higher. If enough people ditch Capital One because of its aggressive stance toward cryptocurrencies, interesting things may happen in the future. It seems highly unlikely that will be the case, though.

27 years old man jailed 21 years for defiling 6-yr-old girl

A foodstuff seller, Chidi Ibiam, 27, was yesterday sentenced to 21 years imprisonment by an Ikeja High Court for defiling a six-year-old girl. They worship in the same church. The presiding judge, Justice Sedoten Ogunsanya, found the convict who lives at Baruwa, Ipaja area of Lagos, guilty of one-count charge of defilement. The judge held: “I have noted all the relevant facts of this case before me. The defendant is, hereby, found guilty of the crime of defilement and is sentenced to 21 years in prison.” During the trial, the prosecution, led by state counsel, Mr Adebayo Haroun, had told the court that Ibiam committed the offence on December 15, 2012, and was caught after the victim reported the assault to her mother. According to the prosecution, the convict is well known to the victim’s family as he was a neighbour and fellow church member. Testifying before the judge, the six-year-old girl (names withheld), had told the court that the defendant had unlawful carnal kno

How is the price of Bitcoin calculated?

How is Bitcoin calculated? I know a lot of people have this question on their mind. Well, here's a good explanation as provided by Luno.com Many people wonder how the price of Bitcoin is calculated, but it’s important to remember that it works no different than it would with other currencies or objects. Let’s first look at how the prices of most things are derived - we can use oranges as an example. What is the price of an orange? Well, it depends. As a starting point, one would derive the price of an orange based on two things: how much someone is trying to sell it for, and how much another person is trying to buy it for. If John wants to sell it for USD2.50 and Sarah is only prepared to pay USD2.00, there is no deal. But if they agree on a price that works for both, let’s say USD2.25, then the transaction will happen. If it’s winter there might be more people wanting to buy oranges, so the price will go up. Or if there is a drought the supply of oranges will become less,

Bethesda's E3 2015 kick off: Fallout 4 release date, Doom, Dishonored 2, and more

At first there was nothing. Empty space. The soft quiet of the void. Darkness. An idea, floating in a barren wasteland. And then, a lone voice—loud and getting steadily louder. " Faaaaaaallllllllllooooouuuutttttt ." Thusly did E3 2015 come into being. And let me extend a warm welcome. Sunday night, Bethesda held its first ever E3 press conference at the historic Dolby Theater in Los Angeles (the same venue as The Oscars). Thanks to rumors, leaks, and Bethesda's own marketing, we already knew almost every announcement ahead of time, but…damn. That Fallout 4 trailer. In case you were busy sleeping, eating, or otherwise going about life as a normal, well-adjusted human, here's what you missed. Bethesda wasted no time, kicking off with Doom (4) . And oh hey— Doom exists. Like, we actually saw a hefty amount of in-game footage, and then a big ol' Doom logo splashed onscreen and somewhere in the ether John Romero's hair probably tingled a bit.

Tell a Tale

Search This Blog