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14.03 - 22:43
HSBC and Nationwide restrict customer crypto purchases
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finextra.comExplaining the move, it says: "There are certain risks with purchasing cryptocurrency, as highlighted by the Financial Conduct Authority."Payments to one exchange, Binance, are banned completely.Meanwhile, HSBC has put a block on crypto purchases using its credit cards, citing FCA concerns about the high-risk nature of the assets.In November, Santander put in place a £3000 monthly limit on payments to cryptocurrency exchanges.
NatWest has made similar moves.
. Read more on finextra.comAbout this in other media
NatWest sets daily crypto purchase limits finextra.com /1 year ago
Coinbase reassures customers on staking services amid SEC crackdown blockchain.news /1 year ago
HSBC Acquires Silicon Valley Bank UK for £1 to Safeguard Customers and Taxpayers – What's Going On? cryptonews.com /1 year ago
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