The UK Occasions had a chunk up over the weekend (Saturday) on some UK banks not accepting transfers from BTC exchanges.
As I simply posted the crypto has had a wild few hours, so the hunt for a story appears to have landed on this text. However, as famous above, ’tis a wee bit previous.
- Some banks is not going to settle for transfers from bitcoin exchanges. HSBC, one of many largest banks within the nation, doesn’t course of cryptocurrency funds or permit prospects to financial institution cash from digital wallets. Whereas different main banks will settle for transfers from digital wallets to present accounts, many is not going to permit prospects to make use of their bank cards to purchase or promote bitcoin.
The Occasions piece then goes on with methods across the ban, so whereas the headline grabs the eye the element is much less dramatic certainly. hyperlink right here (could also be gated)
For financial institution commerce concepts, take a look at eFX Plus