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UK’s Starling Bank to Lift Ban Blocking Payments to Crypto Exchanges in Three Weeks

From coindesk.com

The U.K.’s Starling bank said it will resume cryptocurrency exchange deposits on June 23 after the bank installs an enhanced payment review process. Starling took temporary measures to suspend deposits on Saturday over concerns about “high levels of suspected financial crime with payments to some cryptocurrency exchanges,” Alexandra Frean, the chief corporate affairs officer at Starling, said in an emailed statement. Frean told CoinDesk the issues that led to the ban are not just an issue for Starling but for all U.K. banks. Starling apologized for the inconvenience caused to customers and said users can still make ... (full story)

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