Discover CEO Says There's a Reason Cardholders Can't Buy Bitcoin

Bloomberg ---------- Discover cardholders pose the question on Bitcoin forums every so often: Do any cryptocurrency exchanges accept their cards?It turns out, Discover Financial Services isn’t interested in that market.Financing purchases of virtual currencies creates headaches for banks that are required to monitor transactions for money laundering, Discover Chief Executive Officer David Nelms said Wednesday in a phone interview. Digital coins are attractive to criminals looking to hide illicit funds and to other people trying to evade the government’s eye. To learn more click on the picture below to read the article.