[Bitcoin Policy UK calls for review of Chase Bank’s policy of rejecting cryptocurrency payments] According to Golden Finance, the Bitcoin Policy UK calls on the British government to review Chase Bank’s policy of rejecting cryptocurrency payments. The organization said it was deeply concerned about Chase Bank’s recent decision to deny customers payments related to cryptocurrency assets.
The British government aims to make the UK a center for crypto assets, but as a bank regulated in the UK, Chase Bank’s behavior is difficult to compare with the government’s policy goals. The organization emphasized that buying, owning and selling cryptocurrency assets are legal activities in the UK, and most exchanges that provide cryptocurrency asset services are themselves regulated.
The British government aims to make the UK a center for crypto assets, but as a bank regulated in the UK, Chase Bank’s behavior is difficult to compare with the government’s policy goals. The organization emphasized that buying, owning and selling cryptocurrency assets are legal activities in the UK, and most exchanges that provide cryptocurrency asset services are themselves regulated.