British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams

British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto ScamsOn March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious Approach Towards Crypto Assets Prompts Another Transfer Limit Amid the banking […]

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