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” NatWest bank puts $6K monthly limit to crypto exchange payments “ NatWest, a retail and commercial bank in the United Kingdom, is taking measures to protect customers from potential crypto losses amid Bitcoin (BTC) hitting multi-month highs. On March 14, NatWest introduced major restrictions on payments to cryptocurrency exchanges, imposing daily and monthly caps…
“# NatWest cuts payment channels to Binance, citing regulatory uncertainty ” NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, multiple users on social media reported on Thursday. “With an increase in scams relating to cryptocurrency and regulatory uncertainty around…
“# UK’s NatWest bank limits transactions to crypto exchanges ” As the crypto crackdown continues in Britain, another high street bank has intensified its efforts to curtail its customers’ use of digital assets. The Natwest Group has reportedly capped the daily amount its customers can send to cryptocurrency exchanges due to concerns over investment scams…
“# Another UK bank serves anti-crypto notice to customers ” Corporate clients of NatWest may soon lose their banking relationship with the United Kingdom-based lender amid recent negative cryptocurrency-related policy statements. According to a report by The Guardian, Morten Friis, the head of the bank’s risk committee, has revealed that NatWest will refuse service to…