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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Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert

Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency ExpertLloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500 billion assets under management (AUM). The new digital currency […]

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Scottish Music School Now Supports Crypto Payments for Tuition

Scottish Music School Now Supports Crypto Payments for TuitionOn March 28, the Scottish school in Edinburgh called the Morningside School of Music decided to accept cryptocurrency payments for tuition. Morningside’s director Linda Boyd said the school had noticed the trend of larger firms joining the crypto economy and it’s “just a matter of time before smaller businesses like ours start doing the same,” […]

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