Cryptocurrency Q&A
Are UK banks banning cryptocurrency exchanges?
Are UK banks banning cryptocurrency exchanges?
GinsengBoost
Mon Nov 18 2024
|
6 answers
1230
I've heard some news about UK banks starting to ban cryptocurrency exchanges. Is this true? I'm wondering if I'll still be able to use my bank account to buy and sell cryptocurrencies in the future.
6 answers
isabella_doe_socialworker
Wed Nov 20 2024
The Co-operative Bank and Santander have also joined the ranks, implementing a blanket ban on transfers to all cryptocurrency exchanges.
Was this helpful?
52
55
CharmedClouds
Wed Nov 20 2024
To assess the scope of this ban, I conducted personal tests using my cryptocurrency accounts.
Was this helpful?
167
48
MysticChaser
Wed Nov 20 2024
I utilized my Coinbase account, which is widely used for buying, selling, and storing digital currencies.
Was this helpful?
306
86
SejongWisdomKeeperEliteMind
Wed Nov 20 2024
The trend of UK banks prohibiting customers from engaging with cryptocurrency exchanges is escalating.
Was this helpful?
77
99
EtherWhale
Wed Nov 20 2024
Additionally, I tried transferring funds through my Binance and Kraken accounts. Both are reputable exchanges known for their diverse trading options.
Was this helpful?
275
49
Load 5 more related questions
