UK’s NatWest bank limits transactions to crypto exchanges

Cointelegraph

Published Jun 29, 2021 11:15PM ET

Updated Jun 30, 2021 01:00AM ET

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 and fraud, according to a June 29 report from Reuters. However, it was not revealed what those new limits were in terms of fiat currency transfers.

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