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RE: Chase Bank To Allow Credit Cards For Gambling And Horse Racing Just After Banning Crypto Purchases
See how absurd it is? Logically speaking there's a huge chance of losing money either way but isn't it stupid knowing that they support Gambling although in their existing Law, it's legal, it is deemed illegal on other countries. I wouldn't wonder if next time, marijuana can already be purchased via credit card.
I am actually a legal medical marijuana card holder and they dont accept credit card, cash only, but that is not by choice, that is required by law.
I don't mean to offend anyone. This is just plainly my opinion about the issue stated above and about their action. What's legal and illegal is being determined by existing law and because Gambling and Horse Raining might be legal in the US that's why those institution allows citizen to transact using their card yet refuse to allow them to purchase cryptocurrency for what reason? That they might not be able to pay for the borrowed amount for cryptocurrency is so volatile but that also applies to gambling I guess.