JPMorgan's UK digital bank blocks customers from buying crypto
Publishing timestamp: 2023-09-26 11:34:48
Summary
JPMorgan's U.K. digital bank, Chase UK, has announced that customers will no longer be able to make crypto transactions via debit card or outgoing bank transfer. The decision is aimed at protecting customers from fraudsters who are increasingly using crypto assets to steal money. Other banks in the U.K., such as NatWest, HSBC, and Nationwide, have also implemented restrictions on crypto-related purchases.
Sentiment: NEGATIVE
Tickers: JPM,
Keywords: united states, jpmorgan drn, business news, fintech, internet, technology, wales, breaking news: technology, banks,
Source: https://www.cnbc.com/2023/09/26/jpmorgans-uk-digital-bank-blocks-customers-from-buying-crypto.html