Bank of America and JPMorgan block opportunity to buy BTC using their credit cards

Bank of America, founded in 1904, and JPMorgan, founded in 1871 (which makes the first one 105 older than Bitcoin and the second one 138 older than this digital currency) will now both block the attempts to buy cryptocurrency via credit and debit cards issued by them.

CitiBank also joins these two organization in the stance. It was founded in 1812 (197 years older than Bitcoin).

One could expect such measures from JPMorgan, one of the high-ranking executives of which called Bitcoin a fraud and later, downplaying his statement a bit, was still very skeptical towards this financial phenomenon.

Apart from those events harmful for the market, a new legislative framework will soon come into force in Great Britain, it will dictate wealthy people to explain the origin of their assets. Although this measure is targeted at corrupt foreign businessmen, who were using the lack of such measures before, some local Bitcoin millionaires will probably have to tell about the way and the time they got rich as well.