Earlier this month, JPMorgan Chase, Bank of America, CitiBank and Capital One started to ban credit card users from purchasing cryptocurrencies on Coinbase, an American Bitcoin exchange. And recently, Toronto-Dominion Bank from Canada is starting to stop customers to use credit cards to buy cryptocurrency. These banks are doing it because they fear credit card… Continue reading Podcast #41 – Some Banks Are Blocking Credit Card Purchases On Bitcoin Exchanges
In the past, we had evaluated the five biggest Canadian banks to see whether they all have durable competitive advantage. But how about American banks? Do they all have durable competitive advantage as well? According to Bankrate, the five biggest American banks are JPMorgan Chase & Co., Bank of America, Wells Fargo, Citigroup and Goldman… Continue reading How Do American Banks Compared to Canadian Banks (Part 1)?