NatWest limits cryptocurrency transfers to protect customers from scams
NatWest has announced that it will be placing restrictions on the amount of money that customers can transfer to cryptocurrency exchanges in order to safeguard them against scams. From Tuesday, customers will only be allowed to transfer a maximum of £1,000 daily and £5,000 monthly to cryptocurrency exchanges. NatWest has stated that this move is to combat the increase in cryptocurrency scams which have caused UK consumers to lose an estimated £329m. Stuart Skinner, the head of fraud protection at […]
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