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Santander Bank Limits Cryptocurrency Exchange Transactions – Find Out Why

Santander UK, the UK unit of banking giant Banco Santander, has placed restrictions on crypto transactions for its customers, including a £1,000 limit on individual transactions with crypto exchanges and a £3,000 limit o...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Santander Bank Limits Cryptocurrency Exchange Transactions – Find Out Why
Santander UK, the UK unit of banking giant Banco Santander, has placed restrictions on crypto transactions for its customers, including a £1,000 limit on individual transactions with crypto exchanges and a £3,000 limit on total monthly transactions.
In a note to customers on Thursday, the bank said that it will limit the amount customers can send when they identify the receiver as a cryptocurrency exchange. It cited increasing cryptocurrency fraud as the reason for the decision. ...
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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