Coin

<ul class="news-points"> 
 <li><strong>Brian Armstrong publicly criticized Chase for its recent policy change that prohibits customers from using crypto.</strong></li> 
 <li><strong>Chase explained that the reason behind its policy update is to protect customers from fraud and scams.</strong></li> 
 <li><strong>Brian Armstrong pointed out a contradiction between Chase’s policy and the views of UK leaders.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/Brian-Armstrong/">CEO of Coinbase Brian Armstrong</a> addressed the policy change at Chase, JP Morgan UK bank, which prohibits customers from using crypto. Armstrong called the update “inappropriate behavior.”</p> 
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   <p lang="en" dir="ltr">Totally inappropriate behavior from <a href="https://twitter.com/Chase?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Chase</a> UK (this is their UK bank only is my understanding)<a href="https://twitter.com/RishiSunak?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@RishiSunak</a> <a href="https://twitter.com/griffitha?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@griffitha</a> It appears <a href="https://twitter.com/Chase?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Chase</a> UK does not respect your policy goals – thoughts?<br><br>UK crypto holders should close their <a href="https://twitter.com/Chase?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Chase</a> accounts if this is how they're going to be… <a href="https://t.co/n8OBxhtpcg" target="_blank" rel="nofollow">https://t.co/n8OBxhtpcg</a></p>— Brian Armstrong 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1706787540215460155?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 26, 2023</a>
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<p>Chase recently changed its policy, banning any type of payment that could be related to crypto assets. In an email sent to customers, Chase stated, “From October 16, 2023, if we think you’re making a payment related to crypto assets, we’ll decline it.” Moreover, the statement added that if the customers …</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/chase-uks-new-crypto-ban-draws-criticism-from-coinbase-ceo/">Chase UK’s New Crypto Ban Draws Criticism from Coinbase CEO</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Chase UK’s New Crypto Ban Draws Criticism from Coinbase CEO

Coin Edition

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