Publication Date Headline Outlet URL Snippet 05-Feb-2018 UK bank Lloyds follows US counterparts in banning people from buying cryptocurrencies with credit cards The Edge Markets Click to open (Feb 5): Lloyds Banking Group said on Monday that it was stopping people buying cryptocurrencies using credit cards, following moves last week from several major U.S. lenders. "Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies," the company told CNBC in a statement. Concerns have been mounting that people buying digital currencies like bitcoin with credit cards could be getting into debt given wild price swings, particular recently given bitcoin fell below $8,000 for the first time in over two months. In November, just before bitcoin hit its record high of over $19,000, the search term "buy bitcoin with credit card" was on the rise. U.K. Prime Minister Theresa May told Bloomberg in a recent interview that the government should consider looking at cryptocurrencies "very seriously." Other regulators around the world from China to South Korea have also bought in rules to try to regulate the space. Lloyds' move follows banks in the U.S. J.P. Morgan Chase, Bank of America and Citigroup said Friday they are no longer allowing customers to buy cryptocurrencies using credit cards.
Publication Date Headline Outlet URL Snippet 05-Feb-2018 Watch: Lloyds Bank #GetTheInsideOut campaign targets mental health PRWeek (Online) Click to open Lloyds Bank has launched a campaign to encourage people to discuss mental health by sharing images of themselves with a post-it note on their forehead that states their own anxiety. The #GetTheInsideOut campaign, from PR agency Unity, has been launched in collaboration with Mental Health UK and Channel 4. Celebrities including Ruby Wax have posted in support so far. Professor Green and highprofile chef Gizzi Erskine have appeared in a video publicising the campaign, which debuted on Channel 4 last Thursday. Mental health problems affect 1 in 4 of us every year; let’s get it out in the open. #GetTheInsideOut pic.twitter.com/mWeHycxTcL — #ACTIVE (@professorgreen) February 1, 2018 [embedded content]