JPMorgan's UK bank Chase to ban crypto transactions

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JPMorgan's UK bank Chase to ban crypto transactions
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By Iain Withers and Tom Wilson LONDON (Reuters) - JPMorgan's British retail bank Chase will ban crypto transactions made by customers from Oct. 16 due ...

By Iain Withers and Tom Wilson LONDON - JPMorgan's British retail bank Chase will ban crypto transactions made by customers from Oct. 16 due to an increase in fraud and scams, the companySaltWire's Atlantic regional weather forecast for September 26, 2023 | SaltWireLONDON - JPMorgan's British retail bank Chase will ban crypto transactions made by customers from Oct. 16 due to an increase in fraud and scams, the company said on Tuesday.

Chase has become the latest lender in the UK to restrict customers' access to crypto amid long-running concerns over its use in online scams run by criminals. Chase informed customers of its planned policy change by email on Tuesday morning, the bank confirmed. Crypto media outlet Coindesk reported the move earlier on Tuesday.

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