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Just received this email from Chase stating they will not allow crypto purchase in the UK

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by COINS NEWS 43 Views

As of 16th October, Chase will no longer let UK clients use their accounts to purchase crypto. One of a growing number of UK banks doing this.

“To help keep your money safe from fraud and scams, we're changing the types of payments you can make from Chase. From 16 October 2023, if we think you're making a payment related to crypto assets, we'll decline it. If you'd still like to invest in crypto assets, you can try using a different bank or provider instead – but please be cautious, as you may not be able to get the money back if the payment ends up being related to fraud or a scam. Please head to our website for more info about how to protect your money. We've made this decision because fraudsters are increasingly using crypto assets to steal large sums of money from people. Declining these payments is one of the ways we're helping keep you and your money safe. All the best, The Chase team”

submitted by /u/DanFran81
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