Cryptocurrency Q&A
When will Santander's cryptocurrencies limit change take effect in 2023?
When will Santander's cryptocurrencies limit change take effect in 2023?
Tommaso
Mon Jul 08 2024
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6 answers
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As a keen observer in the world of cryptocurrency and finance, I'm particularly intrigued by Santander's recent announcement regarding a potential change in their cryptocurrencies limit. Given the fluctuating nature of the market and the impact such decisions can have on investors, I'm keen to understand the exact timeline for this change. So, I must ask: When will Santander's cryptocurrencies limit change officially take effect in 2023? Is there a specific date or a gradual roll-out plan that investors should be aware of? Clarifying this detail will no doubt provide valuable insight for those considering their cryptocurrency portfolio in the coming year.
6 answers
BusanBeautyBlooming
Wed Jul 10 2024
Santander Bank has yet to disclose the exact timing for the implementation of the forthcoming change in 2023.
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GeishaMelodious
Wed Jul 10 2024
Additionally, there will be an overall limit of £3,000 within any rolling 30-day period.
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Martino
Wed Jul 10 2024
For the immediate future, the bank intends to introduce a narrower set of restrictions.
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Chiara
Wed Jul 10 2024
Specifically, from November 15 onwards, transactions involving payments to cryptocurrency exchanges will be subject to limitations.
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Eleonora
Wed Jul 10 2024
Customers utilizing mobile and online banking services will be allowed to make payments to cryptocurrency exchanges up to a maximum of £1,000 per transaction.
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