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3232British Bank Natwest Imposes Daily Limit on Transfers to Cryptocurrency Exchanges Over Fraud Concerns
https://www.digit.info/british-bank-natwest-imposes-daily-limit-on-transfers-to-cryptocurrency-exchanges-over-fraud-concerns/
Wed, 30 Jun 2021 11:30:00 +0000https://www.digit.info/2021/06/30/british-bank-natwest-imposes-daily-limit-on-transfers-to-cryptocurrency-exchanges-over-fraud-concerns/Read more]]>A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms. Natwest says the two moves are necessary to protect customers. Natwest Places Limit on Transfers to Crypto Exchanges […]
]]>Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies
https://www.digit.info/report-banking-giant-natwest-to-refuse-service-to-businesses-that-accept-cryptocurrencies/
Fri, 23 Apr 2021 04:30:39 +0000https://www.digit.info/2021/04/23/report-banking-giant-natwest-to-refuse-service-to-businesses-that-accept-cryptocurrencies/Read more]]>The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has no appetite for dealing with these types of customers as Natwest is taking a “cautious approach” […]
A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms. Natwest says the two moves are necessary to protect customers. Natwest Places Limit on Transfers to Crypto Exchanges […]
The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has no appetite for dealing with these types of customers as Natwest is taking a “cautious approach” […]