HSBC And Nationwide Banks Set Ban On Crypto Purchases In The UK

HSBC And Nationwide Banks Set Ban On Crypto Purchases In The UK


Bitcoinist
2023-03-03 10:17:05

HSBC and Nationwide Building Society have become the latest major banks in the United Kingdom to impose a ban on their customers’ crypto purchases, according to Bloomberg. The move follows a notice from British regulator Financial Conduct Authority (FCA), citing crypto as a high-risk investment. Related Reading: Top 5 Cryptos Expected To Tally Massive Gains