- Joined
- Sep 17, 2018
The reason they can get away with that iirc is because of the laws (and lack thereof, really) concerning cryptocurrencies. That aside, I don't see how canceling cards because they don't want to deal with trying to exchange a cryptocurrency is equivalent to freezing your bank account because of your political beliefs.
In both cases, it's a third party unrelated to the transaction passing approval on what a person can spend their money on.
The banks can just as easily let you transfer fiat money to a crypto seller, let you settle up the credit account with them and also say "yeah, sorry we don't take whatever coin that is. Figure out how to convert it to something we do work with and come back. Looks like you wasted your money!" But they step in and stop the transaction because someone uninvolved doesn't like your decision. Or your decision to fund a political outlook