Two UK companies said on Tuesday they would limit crypto payments for customers, in a move that piles further pressure on a digital asset industry rapidly losing regulated financial partners.
NatWest, one of the UK’s largest consumer banks, announced restrictions on consumers sending money to cryptocurrency exchanges to “help protect consumers losing life changing sums of money”.
Paysafe, an online payments provider, also said it would wind down services to UK customers of Binance, the world’s largest crypto exchange.
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