ReutersAs bitcoin and different cryptocurrencies rise in recognition and their costs swing wildly, so too are they getting into the consciousness of mainstream monetary establishments.

Not solely are huge banks the purposes of bitcoin and the blockchain know-how connected to it, so too are they worrying about the influence the volatility might have on their prospects.

That is notably true relating to individuals utilizing bank cards to invest on bitcoin.

Though there’s solely anecdotal proof of this, there’s believed to be a rising variety of individuals maxing out their bank cards to purchase cryptocurrencies in the hope that their value will recognize.

Banks are involved that wild swings in cryptocurrency costs will expose their prospects to heavy losses, making them unable to repay their bank card money owed.

As such, some lenders have barred their prospects from utilizing bank cards to purchase cryptocurrencies, with American banks JPMorgan Chase, Financial institution of America, and Citigroup main the approach. Various UK banks have now adopted swimsuit, however which of them?

Enterprise Insider requested all the UK’s major excessive road banks for his or her positions on permitting prospects to purchase cryptocurrencies on credit score. Test them out under.