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Leading UK Banks With Hefty Restrictions on Crypto Purchases (Report)

HSBC, Nationwide Building Society, and other banking heavyweights in the UK are reportedly implementing a new set of restricting rules aimed at purchasing cryptocurrency.

The move comes amid a chaotic year for the crypto industry, which witnessed the failure of several industry giants.

According to a Bloomberg coverage, the biggest banking institution in the United Kingdom – HSBC – banned clients from buying cryptocurrencies via their credit cards, citing “possible risks.” 

HSBC Cryptocurrency
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