Banks divided over crypto business opportunitiesBy Duncan Woodside
October 9, 2023
When JPMorgan Chase recently banned its UK retail clients from using their accounts to purchase crypto assets, it provoked surprise.
“How can a bank prevent its customers from spending their money as they wish?” asks William Garner, partner at law firm Charles Russell Speechlys.
The EU is pushing through laws against cryptocurrency ‘forum shopping’ to ward off fast-growing risky crypto firms from gaining a foothold in the bloc. The warning comes as crypto firms...Read more