One of UK’s top digital banks says that it has “taken the decision to prevent all card payments to crypto merchants and to implement further restrictions on outgoing and incoming transfers.”

London-headquartered Starling Bank is a licensed and regulated bank founded by former Allied Irish Banks COO Anne Boden in January 2014. According to Wikipedia, it received the Best British Bank award in the British Bank Awards for four consecutive years – 2018, 2019, 2020 and 2021.

However, it seems that in the last couple of days, Starliong Bank has adopted a negative stance toward crypto, as you can see from some of the recent interactions with customers on Twitter:

Hi there 👋 We always review our position in relation to financial crime. We consider crypto activity to be high risk. We’ve taken the decision to prevent all card payments to crypto merchants and to implement further restrictions on outgoing and incoming transfers.

— Starling Bank (@StarlingBank) November 22, 2022

Hi there, at Starling we constantly review our position in relation to financial crime. We consider crypto activity to be high risk. We’ve taken the decision to prevent all card payments to crypto merchants and to implement further restrictions on outgoing and incoming transfers.

— Starling Bank (@StarlingBank) November 23, 2022