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Santander imposes limits on payments to crypto exchanges
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finextra.comSantander says the move is designed to protect customers, noting that it has seen a "large increase" in the number falling victim to crypto fraud.The bank cites a Financial Conduct Authority warning about the risk of investing in crypto, as money held in wallets is unlikely to be protected under the Financial Service Compensation Scheme.Meanwhile, Santander says it will continue to stop payments to Binance, citing recent FCA warnings.
. Read more on finextra.comAbout this in other media
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