Report: Bank of America, JP Morgan Ban Credit Crypto Purchases ByNikhilesh DePRO INVESTOR Updated: 24 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Two of Wall Street’s biggest banks are reportedly taking steps to bar customers from using credit cards to purchase cryptocurrencies.