NatWest News

NatWest’s head of fraud protection emphasized the importance of self-custody in crypto amid the bank imposing new crypto restrictions.

“It’s like people can’t spend their money on what they want anymore,” one Twitter user noted regarding NatWest’s action against Binance.

NatWest and other U.K. high street banks have ramped crypto curbs amid recent regulatory pressure on the sector.

U.K. commercial bank NatWest says it does not want to do business with clients and customers who deal in crypto.

Bank accounts for RT News in the UK have been arbitrarily closed. Bank account closure is becoming common in Europe, but Bitcoin cannot be centrally shut down.

Over the past few days, Britain’s major banks have been notifying their customers of potential implementation of negative interest rates.