-
JPMorgan to Block Crypto Payments From Chase UK Bank Accounts
JPMorgan Chase & Co.’s UK digital lender is blocking customers from making crypto payments, citing an increase in frauds and scams. Chase UK clients will no longer be able to make crypto transactions via debit card or by outgoing bank transfer from Oct. 16, according to an email sent to customers. “To help you keep your money safe from frauds and scams, we’re changing the types of payments you can make from Chase,” the email said. “If we think you’re making a payment related to crypto assets, we’ll decline it.” Chase UK, which launched in September 2021, is one of the UK’s most popular neobanks, ... (full story)