“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 cuts payment channels to Binance, citing regulatory uncertainty
NatWest and other U.K. high street banks have ramped crypto curbs amid recent regulatory pressure on the sector.
UK’s NatWest bank limits transactions to crypto exchanges
U.K. commercial bank NatWest says it does not want to do business with clients and customers who deal in crypto.
Another UK bank serves anti-crypto notice to customers
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.
Time for RT News to Switch to Bitcoin as NatWest Arbitrarily Closes Its Accounts