Local and international banks operating in the UK, especially Binance, impose some restrictions on the crypto money market of their customers.
Bloomberg on March 2 in his article, Nationwide Building Society’s in a recent notice to its customers, bank cards to cryptocurrency purchases $5,965 daily limit placed and credit card crypto asset purchases has been shut down he explained.
Last month, an international bank of HSBC customers in the UK with credit cards crypto trading ban The two banks, along with British customers’ access to cryptocurrencies restricting joined other banks.
HSBC said in a statement via e-mail on the subject that the reason for the bans is that its customers possible risks they may face stated that. Also, the bank 2021 of the year August in the UK since credit cards with Paying to Binance to be made banned known. nationwide in a similar direction by making statements British regulator Financial Conduct Authority (FCA) published on the subject to the warnings pointed.
Banco Santander SA, Lloyds Banking Group and Natwest Group also recently restricted access to crypto for British customers. other banks joins in. Restrictions are usually credit card purchases and transaction limits covers. Also, organizations FCA by strict surveillance cryptocurrency exchange to Binance opposite extra considerations taking.