NEWS: UK lenders tighten policies on crypto over fraud concerns

news:-uk-lenders-tighten-policies-on-crypto-over-fraud-concerns


By Alisha Houlihan for AMLi

Global lenders in the United Kingdom are tightening their stance on cryptocurrencies, with Santander and Virgin Money to restrict or prevent customers from purchasing cryptocurrencies within the next few months.

Earlier this month, Santander announced it would limit customers’ ability to use online and mobile banking to pay cryptocurrency exchanges starting November 15, reports the Financial Times.

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The post NEWS: UK lenders tighten policies on crypto over fraud concerns appeared first on AML Intelligence.

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