Chase UK cited an increase in crypto frauds as the reason for this decision . The company's move follows similar steps taken by other banks in the UK to restrict transactions involving cryptocurrencies.
According to a recent article by CNBC, Chase UK customers will "no longer be able to make crypto transactions via debit card or by outgoing bank transfer".The company said it was taking the step because "fraudsters are increasingly using crypto assets to steal large sums of money from people".Other banks in the UK have also taken similar steps to restrict transactions involving cryptocurrencies .
This decision has been met with mixed reactions. Some experts believe that it is a necessary step to protect customers from fraud and scams, while others argue that it is an overreaction that could stifle innovation in the cryptocurrency industry. It's important to note that selling cryptocurrency can be risky, and it's important to do your own research before making any decisions.You may also want to consult with a financial advisor before selling your XRP coins.

Coinbase selling services in Spain Coinbase has recently registered with the Bank of Spain as a cryptocurrency exchange and custodian wallet provider 1. This registration allows Coinbase to offer its full suite of products and services to retail and institutional users in Spain, all in compliance with the national legal framework 1.

Celsius restructure plan According to the news search results, Celsius Network, a crypto lender, has been undergoing bankruptcy proceedings. The creditors have approved a reorganization plan that would return 67%-85% of their holdings back to them.. The plan is expected to allow customers to recover their funds, which may include distributing CEL tokens. The SEC has raised concerns over Coinbase’s role in the restructuring plan, claiming that it could “go far beyond the services of a distribution agent”.

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