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NatWest will refuse to serve business customers who accept cryptocurrencies

5 pointsby dsr12about 4 years ago

3 comments

asplakeabout 4 years ago
Misleading headline, or at least I think so:<p>“We have no appetite for dealing with customers, whether taking them on as new clients or having an ongoing relationship with people, whose main business is backed by an exchange for cryptocurrencies, or otherwise transacting in cryptocurrencies as their main activity,”
MikeUtabout 4 years ago
&gt; Head of the lender’s risk committee categorised cryptocurrencies as ‘high risk’<p>That PayPal was never categorised as high risk, despite the many instances of people getting all their cash frozen, tells me all I need to know about this decision.
cyanydeezabout 4 years ago
&quot;we plan to cash in by charging high fees for legit money&quot;