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NatWest clamps down on crypto transfer restrictions, citing scam fears

NatWest clamps down on crypto transfer restrictions, citing scam fears
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NatWest limits cryptocurrency transfers over scam fears

Customers will be able to transfer a maximum of £1,000 a day and up to £5,000 per month.

UK-native stablecoin integrates into 18,000 ATMs nationwide

Britain takes a step closer to becoming a “crypto hub” with ATM stablecoin adoption strategy from two U.K.-based businesses.

Crypto AM shines its Spotlight on BitcoinPoint com

Crypto AM shines its Spotlight on BitcoinPoint.com Crypto AM: Spotlight Benoît Marzouk, Founder & CEO of Bitcoin Point With the largest ATM network in the UK, innovative ‘on-ramp’ solutions to instantly buy and ‘off-ramp’ to sell Bitcoin, BitcoinPoint.com brings cryptos closer to Mass Adoption, with the vision of bringing financial inclusion to the unbanked and the non-tech-savvy. 16,000 ATMs Bitcoin sales from cash withdrawals have reached an unprecedented scale in the UK, as the Cryptocurrency became widely available at over 16,000 ATM Machines across the UK just before Christmas last year. The East London-based Cryptocurrency company BitcoinPoint is allowing bitcoin holders to cash out bitcoin at Cashzone ATM machines across the entire UK. This collaboration with Pin4, an innovative solution that enables businesses to deliver cash at the Cashzone network made a convenient access to the Bitcoin market a reality for everyone living in the UK.

Bitcoin arrives at 16,000 ATM machines across the UK

180 shares Benoit Marzouk, BitcoinPoint chief executive, said: When we started the service early 2018, there was not enough emphasis on making it easier for people to simply buy £5 of bitcoin. Since registering on a crypto exchange could be a complex process for non-tech savvy people, the scarce availability of bitcoin ATMs made accessibility of bitcoin problematic. BitcoinPoint s app also allows people to buy and sell bitcoin at a network of agents, from Bureaus de Change to newsagents, as well as online.     Bitcoin had a remarkable rally last week, spurred by rising interest from institutional investors With Bitcoin holders now able to covert their Bitcoin into cash at ATMs, the potential for a widespread adoption of the cryptocurrency has increased, according to Marzouk.

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