Nationwide limits crypto trade funds as client danger fears develop

A number of UK banks have restricted their prospects from shopping for crypto property as concern grows concerning the dangers posed by digital foreign money to prospects.

In an e-mail to prospects earlier this week, Nationwide mentioned it might not enable funds to crypto exchanges utilizing its bank cards and would impose a £5,000 day by day restrict on present account crypto spending.

The constructing society cited issues from the Monetary Conduct Authority (FCA) over attainable dangers to shoppers.
A Nationwide spokesperson…