Several UK Banks block Cryptocurrency transactions Citing Financial Crime Concerns  

Charlie Swarley

Other 3 years ago
1 QCP
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Bitcoin has started to take another tumble as several large UK banks have blocked cryptocurrency transactions to cryptocurrency exchanges. The news that banks such as Barclays, Monzo, and Starling have blocked customers transferring funds to crypto exchanges, has been attributed to financial crime concerns by the banks that have suspended direct deposits to crypto wallets.

https://cryptodaily.co.uk/2021/05/Several-UK-banks-block-cryptocurrency-transactions-Citing-Financial-Crime-Concerns