Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams

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Chase UK, JP Morgan’s British digital bank, says it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud.

The logo for JPMorgan Chase & Co. appears above a trading post on the floor of the New York Stock Exchange in New York, Aug. 16, 2019. Chase UK, JP Morgan’s British digital bank, said Tuesday, Sept. 26, 2023, that it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud.

The logo for JPMorgan Chase & Co. appears above a trading post on the floor of the New York Stock Exchange in New York, Aug. 16, 2019. Chase UK, JP Morgan’s British digital bank, said Tuesday, Sept. 26, 2023, that it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud.

The logo for JPMorgan Chase & Co. appears above a trading post on the floor of the New York Stock Exchange in New York, Aug. 16, 2019. Chase UK, JP Morgan’s British digital bank, said Tuesday, Sept. 26, 2023, that it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud.

 

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