UK Banks Blocking Crypto Entry Given Fraud, Volatility, Lawmakers Advised

by Jeremy

“We’re very supportive of the regulation and the regulators regulation of crypto, our focus will all the time be about buyer outcomes in that context,” mentioned Charlie Nunn, CEO of Lloyds Financial institution. “I do not assume Lloyds Banking Group will need to be selling cryptocurrencies, however we do need to be sure that, if our clients select to place cash into cryptocurrencies, it is as protected as may be.”

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