However it should be noted that blocking credit card transactions is not same as blocking debit card transactions because credit cards are always associated with risk where the customer might max out the credit card and because of uncertainties in the market, find himself unable to repay the amount.

Although they are claiming that this ban is because of possible repayment problems, in reality this is the next punch on cryptocurrency phenomena. After China, Korea and India have made their announcements causing crypto markets to fall sharply, this might be the next big hit to drive the prices even lower.
If after all this, the resistance will be overwhelmed by BTC, That can easily indicate the strong will of free investors to build the future for crypto's.