Coinbase CEO calls on Chase customers in the UK to close accounts after the bank said it would reject cryptocurrency payments
Coinbase CEO Brian Armstrong has criticized JPMorgan's British retail bank, Chase UK, for changing its policy to block all cryptocurrency-related payments. “UK crypto holders should close their Chase accounts if this is how they will be treated,” the Coinbase president said, calling Chase’s move “completely inappropriate.” Meanwhile, the British government is striving to make the UK a global cryptocurrency hub.
Coinbase CEO Brian Armstrong has criticized JPMorgan's British retail bank, Chase UK, for changing its policy to block all cryptocurrency-related payments. “UK crypto holders should close their Chase accounts if this is how they will be treated,” the Coinbase president said, calling Chase’s move “completely inappropriate.” Meanwhile, the British government is striving to make the UK a global cryptocurrency hub.
