Chase UK has taken a decisive step by banning crypto-related transactions on its mobile app due to mounting concerns about fraud. Effective from mid-October, the bank's digital customers won't be able to engage in crypto transactions using debit cards or outgoing bank transfers. A spokesperson for Chase UK confirmed that customers attempting crypto-related transactions will receive declined transaction notifications. The decision stems from a surge in crypto scams targeting UK consumers, prompting the bank to prohibit the purchase of crypto assets via Chase debit cards or transfers to crypto platforms from Chase ... (full story)