News Explorer — NatWest Sets New Payment Limits to Crypto Exchanges

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Mar 14, 12:58 pm

Coindesk

NatWest Sets New Payment Limits to Crypto Exchanges

NatWest (NWG) has implemented restrictions on payments to cryptocurrency exchanges, limiting customers to 1,000 pounds per day and 5,000 pounds over a 30-day period. This is to protect customers from crypto-criminals, as 329 million pounds were lost by consumers last year. Other banks, such as Nationwide and HSBC, have also imposed restrictions on crypto purchases.

NatWest (NWG) has implemented restrictions on payments to cryptocurrency exchanges, limiting customers to 1,000 pounds per day and 5,000 pounds over a 30-day period. This is to protect customers from crypto-criminals, as 329 million pounds were lost by consumers last year. Other banks, such as Nationwide and HSBC, have also imposed restrictions on crypto purchases.

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