- On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk”.
- The bank notes that the U.K’.s Financial Conduct Authority (FCA) has warned the public about such risks and the financial institution wants to do everything it can to “protect” customers.
- The financial institution has placed a £1,000 ($1,120) limit per transaction, and a total limit of £3,000 ($3,360) in “any rolling 30-day period”.
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High…
