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UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report

A Bloomberg report on March 2 claims the step back is a response to warnings by U.K. regulators and scandals surrounding the crypto industry. Nationwide is reportedly applying daily limits of 5,000 British pounds ($5,965) on debit-card purchases of crypto assets, while credit cards will no longer be available for crypto transactions.

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Source: Cryptocurrency - investing.com

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