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The Independent UK
The Independent UK
Business
Anna Wise

Chase crypto ban unlikely to be copied by UK rival banks, lawyer says

British banks could face criticism if they follow in the footsteps of JP Morgan’s Chase, which moved to block cryptocurrency payments for its UK customers, a banking lawyer has said.

The outright ban by consumer bank Chase was a “brave call” unlikely to be echoed by high street banks, William Garner, the head of financial services and funds at law firm Charles Russell Speechlys, said.

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