Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams
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Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams
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Chase UK, JP Morgan's British digital bank, says it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud. From October 16 onward, Chase customers will no longer be able to make crypto transactions using their debit card or through an outgoing bank transfer, the bank said Tuesday. “If we think you're making a payment related to crypto assets, we'll decline it,” Chase said in an email to customers.