Coinbase CEO slams JPMorgan for banning crypto payments in UK, suggests government should act
Publishing timestamp: 2023-09-29 07:00:24
Summary
Chase UK has announced that it will no longer allow its customers to purchase cryptocurrencies due to concerns over fraud. Coinbase CEO Brian Armstrong criticizes the decision, stating that private companies should not "de-platform" the crypto industry. Other British lenders have also taken similar steps. The U.K. government aims to become a crypto hub, but Armstrong hopes that Chase UK's stance will be clarified.
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