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Comment and analysis: The conundrum of cryptocurrencies | International Bar Association

Comment and analysis: The conundrum of cryptocurrencies | International Bar Association
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UK bank Nationwide to assess crypto policy following FCA crackdown on Binance

7/7/2021 4:29:29 AM GMT Nationwide Building Society is reviewing its crypto policies after the British financial watchdog issued a notice to Binance. The UK bank is taking additional measures to ensure customers are safeguarded from fraudsters. The Swindon-headquartered bank is blocking suspicious payments and sending out tailored scam warnings. British bank Nationwide is evaluating its cryptocurrency-related policies, following several other institutions in the UK assessing their approach to the new asset class.  UK crypto sector takes a hit The financial watchdog in the United Kingdom has been cracking down on cryptocurrencies after sending Binance a notice saying that the exchange is not allowed to conduct any regulated activities in the country. 

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