Chase U.K. to Block Crypto Payments Citing Fraud, Scams

CoinDesk reported:

“We’re committed to helping keep our customers’ money safe and secure. We’ve seen an increase in the number of crypto scams targeting U.K. consumers, so we have taken the decision to prevent the purchase of crypto assets on a Chase debit card or by transferring money to a crypto site from a Chase account,” a spokesperson for Chase U.K. said in an email.

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