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UK Banks Withdraw Support For Trading In Cryptocurrency.

Posted on 10th December 2022

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According to this report on Tech Monitor, a growing number of UK High Street banks are banning their customers from investing in cryptocurrencies.

The table in the article shows that some UK banks do still support their customers buying crypto, a growing list now consider it to be to risky.

I have always said that crypto was nothing more than a bubble; now, with the collapse due to fraud of the FTX crypto exchange (summarised here by The New York Times), it seems that many banks agree with me.