Users of the new Apple credit card will face a number of restrictions, one of them is the purchase of cryptocurrencies.

According to Reuters, the terms of use of the new credit card were published on the Goldman Sachs website this week. Goldman’s participation in the card issue is part of the bank’s long – term partnership program with Apple to create a consumer-oriented business.

Part of the Apple Card client agreement includes a clause prohibiting the purchase of cryptocurrencies. The restrictions will also apply to the purchase of casino chips, betting on horse races or lottery tickets. The publication also says that credit card issuers often block purchases of bitcoin and other cryptocurrencies. Some banks have been practicing this for more than one year.

In accordance with the customer agreement, Apple will also block users ‘ credit cards if any attempts are made to make unauthorized changes to Apple devices. The Apple Card is due to be released later this month.

In June, it became known that Apple will release a
package of cryptographic tools for CryptoKit developers