You Won’t Believe Why Barclays Is Forbidding Crypto Spending! 😱💷

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Oh, heaven forefend! The venerable house of Barclays, titan of British lucre, has declared that, come week’s end, no good subject shall sully their exalted debit cards with the likes of crypto. ‘Tis in the name of “consumer risk,” so they say, as if Britons nightly gamble fortunes on a single toss of the Bitcoin dice. 🎭

Lo and behold, mortals were not even graced with a grand fanfare! Nay, a mere whisper in the shadows of the internet, and lo, they awoke one morn to discover their digital dreams dashed by decree.

Wherefore, Barclays, Wherefore Art Thou Turning Thine Back Upon Crypto?

Only the other month, the mighty land of Britain was wooing the fair crypto duchess, ready to let down her golden regulatory tresses. The regulators sang sweeter than Orpheus, promising money to flow as freely as Shakespeare’s quips. Yet here comes Barclays—interrupting the romance like a disapproving father armed with a ledger and a frown. 😒

“The curtain falls!” they cry with all the drama of a French tragedy. A modest line, scarcely etched in the playbill, not even tossed to the baying crowds of social media:

“It’s not possible to make cryptocurrency transactions using a Barclaycard. From 27 June 2025, we’ll block crypto transactions made with a Barclaycard because we recognize there are certain risks with purchasing cryptocurrencies. A fall in the price of cryptoassets could lead to customers finding themselves in debt they can’t afford to repay,” reciteth the House of Barclays, channeling Cassandra, the prophetess who is never believed (and let’s be honest, instantly muted on Twitter).

And oh, what fury! The chorus of enraged crypto-enthusiasts rattles the rafters, incredulous that Barclays—who once dabbled with blockchain as if at a masquerade ball—should now unmask themselves as the very face of caution. “Was it not you,” they chide, “who romanced Bitcoin ETFs?”

Yet, three years hence since their last blockchain soirée, Barclays now shuns the revel, arms folded, nose held as if crypto stank of rotten Brie. Only in Britain, dear reader! For across the ocean, Americans flirt with crypto using their cards, legal lubbers that they are.

The day before Barclays’ decree, a card giant abroad handed users the keys to the crypto castle. But Barclays? They clutch their pearls and mutter, “Not on my ledger!” A move so historic, Shakespeare himself would cast them as the bumbling constable. 🤦‍♂️

One might say this course correction is less a swerve and more a pirouette right off the stage. Even as His Majesty’s government seeks to shield investors yet praise cryptos in the same breath, Barclays acts as if the only real risk is not being frightfully behind the times.

And as the final jest, they send their flock to the FCA’s learning laureates, where sermons preach ever-friendlier crypto tidings. Ah, what a comedy: the institution that once championed innovation now sends its patrons for lessons lest they be led astray.

In truth, no one quite knows if Barclays will one day rejoin the dance or instead don a wig and sentence crypto to the Tower. The only certainty is confusion, irritation, and much shaking of powdered heads. Curtain falls. 🎭

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2025-06-25 19:14