Britain's Nationwide curbs cryptocurrency purchases by customers


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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read