Wells Fargo and Company (WFC)

[Rawlens]

Wells Fargo (NYSE:WFC), one of the largest banks in America, has decided to stop allowing its customers to buy cryptocurrencies using its credit cards. Customers will no longer be able to purchase cryptocurrencies or trade cryptocurrencies using their Wells Fargo credit cards. A representative from the bank said that the move is designed to avoid the risks associated with this unregulated and unreliable form of currency. The German Federal Government believes that cryptocurrencies don’t pose a major threat to financial stability, according to a report from Cointelegraph auf Deutsch. The government says that the crypto asset transactions’ volume is too low versus the size of the global financial system, thus there is no serious threat to the current financial system. However, the German government wants tight regulations on digital currencies. https://marketexclusive.com/market-morning-full-blown-trade-war-libya-tesla-fire/2018/06/