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Lloyds Bank to ban credit card owners from buying cryptocurrenciesIn response to Lloyds Banking Group banning its customers from using credit cards to purchase bitcoin and other cryptocurrencies, Citizens Advice Chief. Lloyds Bank is relatively crypto-friendly. It allows its customers to make payments to crypto exchanges using their debit card or current account, but credit. No, it is not possible to buy, sell or hold cryptocurrencies directly through Lloyds Bank as it is a traditional financial institution that doesn't support.