The bank’s decision follows a similar move by Toronto-Dominion Bank last month
The Bank of Montreal (BMO) has stopped allowing customers to use its credit cards to buy cryptocurrency such as bitcoin.
The bank says it no longer allows retail consumers to buy cryptocurrencies using Mastercard-branded credit or debit cards.
The bank’s decision follows a move by Toronto-Dominion Bank last month to stop allowing customers to use its credit cards to buy cryptocurrency.
TD said it made the decision to conduct a review and assessment of the evolving market.
Total gross assets was $2.51 trillion, according to Statistics Canada
Households' net financial assets saw the largest increase on record
Agency is aiming to handle a "very high forecast" in demand
CIRO's proficiency partner says CSI won't provide prep for regulator's exams
Beware of shiny objects — with market froth waning, fundamental strength will overtake momentum next year
Plus, other product launches and news, including more ESG fund terminations
Focus on the end-to-end advisor experience with tools and implement change management best practices
Grocery store prices jumped 4.7% year-over-year as travel, gas costs eased