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Customers will only be informed should they query a blocked crypto-currency credit card transaction. Explaining the ban, a Lloyds spokeswoman said: "We continually review our products and procedures and this is part of that.". The BBC asked other major banks about following Lloyds' move, but.

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Like Lloyds, Virgin Money is concerned about customers running up large debts following a sharp fall in the value of digital currencies. Over the weekend, several of the biggest issuers of credit cards in the US also banned customers from using their cards to buy.

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