Wells Fargo Forgo Crypto Transaction

One of the major banks in United States, Wells Fargo has joined the list of major financial institution which turned down on cryptocurrencies. In response to one of its users faced issues in using the bank to buy crypto the bank replied, Thanks for reaching out to us. Unfortunately, Wells Fargo does not allow transactions involving cryptocurrency. It appears that bank seems to echo views of its largest shareholder Chairman and CEO of Berkshire Hathaway, Warren Buffett.

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