Apple has banned buying cryptocurrencies using its credit card

The credit card from Apple, which is being worked on together with the investment bank Goldman Sachs, cannot be used to buy cryptocurrencies. This is stated in the text of the user agreement on the bank website. So, Apple Card may not be used to receive loans in cash and cash equivalents. These include, in particular, travelers checks, foreign and cryptocurrency.

In addition, using the Apple Card will not be able to buy chips at the casino or lottery tickets, as well as make bets on the racetrack.

Comment on such restrictions in Apple and Goldman Sachs refused.

Apple Card release is scheduled for the first half of August.

Recall, Goldman Sachs CEO David Solomon said that the bank does not exclude the possibility of creating its own digital currency, following the example of how JPMorgan did it.

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