HSBC Holdings Plc and Nationwide Building Society imposed limits on retail customers’ access to cryptoassets in another episode of UK banks reacting to the recent crypto industry legal and regulatory issues.
HSBC said that, in February, it restricted customers from buying crypto with its credit cards, Bloomberg reported. The report quoted the bank as saying that,
“This is because of the possible risk to customers.”…
Read More: Regulator Warnings Prompt HSBC and Nationwide Banks to Limit Crypto Transactions