Anti-Financial Crime & Financial Crime Compliance
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Banking, Crypto, Financial Services, UK

LATEST: Santander to ban UK transfers to crypto exchanges

By Alisha Houlihan for AMLi

Global lender, Santander will reportedly ban customers in the United Kingdom (UK) from sending instant payments to cryptocurrency exchanges next year.

The bank plans to block phone, in-branch, online and mobile payments to cryptocurrency exchanges made using telephone banking, as early as 2023 reports Reuters.

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