Which UK Banks have ZERO crypto restrictions? List Is Here

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11s6he1/which_uk_banks_have_zero_crypto_restrictions_list/ So the crazy clampdowns are starting in the UK against crypocurrency. Going off the previous posts I'm trying to put together a list of UK Banks; whether they have restrictions or not. Currently only one – Santander explicitly ban cash-to-crypto transfers, but RBS has closed accounts before for large cash from exchanges to the […]

I just received this text from my bank. Royal bank of Scotland (UK)

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11rx3ct/i_just_received_this_text_from_my_bank_royal_bank/ (To help keep your money safe from possible scams, we're going to set limits on payments we identify as going to cryptocurrency exchanges. From 16th March, we'll limit payments made by Faster Payments and Debit Cards to these exchanges to £1k a day (£5k in any 30-day period). Find out more at https://www.supportcentre-rbs.co.uk/payments-cryptocurrency) I […]

Why might a government want to stop you buying crypto?

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11rf97e/why_might_a_government_want_to_stop_you_buying/ The UK banks are falling into line. They mostly limit customers' access to crypto to £1000 per day. Another one announced this today. Some don't allow transfers to crypto exchanges at all. They claim this is about protecting against fraud, but this looks like a very thin argument. Doubtless we'll be hearing the same […]