Coinbase Boss Says US and UK Should Make Crypto Industry Rules Clearer
Follow Us @
Coinbase Boss Says US and UK Should Make Crypto Industry Rules Clearer
Still, he expressed concern over UK banks increasingly taking a hardline approach to customers transferring cash to crypto exchanges in a bid to stamp out fraud.
Top British lender NatWest, for example, imposed new limits in March on customer transfers to cryptocurrency exchanges, seeking to protect consumers from what it calls crypto criminals.
“Several UK banks are blocking fiat payments to unsavory crypto companies,” Armstrong wrote, referring to traditional currencies.
“Good fraud controls are reasonable, bans are not comprehensive (and most likely illegitimate),” he continued.
Coinbase Boss Says US and UK Should Make Crypto Industry Rules Clearer
FIRST REACTION FROM A READER:
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.
JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
Coinbase Boss Says US and UK Should Make Crypto Industry Rules Clearer
#Coinbase #Boss #Crypto #Industry #Rules #Clearer
-
Cryptocurrency3 months agoNFT Sales Touch IDR 4.3 Trillion in the Second Week of February 2024
-
Sports3 months ago
Making history at the 2023 Asian Cup, the Indonesian national team raises its position in the FIFA rankings
-
Sports2 months ago
PSG Will Try to Sign Frenkie De Jong from Barcelona
-
Sports2 months ago
Falling from Bilbao, Girona's position is threatened in the Spanish League
-
usa today entertainment3 months ago
Adu Outfit Park Min Young Becomes an Office Worker, from Drakor What's Wrong with Secretary Kim to Marry My Husband
-
Sports3 months ago
And Ashworth Urges Manchester United to Seize an Important Figure at Chelsea
-
Trend tech & Telecoms3 months ago
28 Terrorist Group Accounts Get Paid Blue Check on X
-
Sports3 months ago
Lukaku Calls Draw Away Good Results
