Britain's Nationwide curbs cryptocurrency purchases by customers


FILE PHOTO Signage outside a Nationwide Building Society in London Britain May 22 2019. REUTERSHannah McKay

FILE PHOTO: Signage outside a Nationwide Building Society in London, Britain, May 22, 2019. REUTERS/Hannah McKay

LONDON (Reuters) - Britain's Nationwide Building Society has restricted customers' ability to buy cryptocurrencies, the lender said in an email to its members on Thursday.

Nationwide said it will not allow payments to crypto exchanges using credit cards and will limit adult current accounts to 5,000 pounds ($5,995) of purchases per day.

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