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HSBC and Nationwide restrict customer crypto purchases
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finextra.comExplaining the move, it says: "There are certain risks with purchasing cryptocurrency, as highlighted by the Financial Conduct Authority."Payments to one exchange, Binance, are banned completely.Meanwhile, HSBC has put a block on crypto purchases using its credit cards, citing FCA concerns about the high-risk nature of the assets.In November, Santander put in place a £3000 monthly limit on payments to cryptocurrency exchanges.
NatWest has made similar moves.
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