December 5, 2022

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ICYMI (old news) – UK bank TSB planning to stop its retail clients from buying cryptocurrencies

1 min read

The bank is wary of fraud in the crypto marketplace, and is concerned its too expensive to reimburse clients who are victims of crypto scams. 

  • will ban cryptocurrency purchases
  • says its customers are reporting an increasing number of fraudulent transactions associated with cryptocurrency

TSB have not announced a timeframe for placing the ban. 

As noted in the headline above, this is not fresh news, but a catch-up ICYMI.  

tsb bank crypto

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